737 Vancouver Street is a rare 4-suite investment property combining historic character with extensively updated building systems. Originally designed by John Teague for Hedley Chapman in 1892, the home underwent a comprehensive renovation in 2014, including a new foundation, all-new electrical and plumbing, perimeter drains, and extensive interior upgrades with design by Ryan Hoyt. The result is a character property positioned for streamlined long-term ownership. Each private suite features sound and fire separation, its own water and hydro meters, laundry, hot water tank, and storage locker. Exposed brick, fir flooring, soaring ceilings, and expansive windows retain the home’s timeless appeal. Ideally located just blocks from Cook Street Village and downtown, tenants enjoy easy access to shops, cafés, transit, and amenities. A detached single-car garage provides additional income potential or additional development opportunities. Gross monthly rent: $9,850 - Approx cap rate at 5.38%
Address
737 Vancouver St
List Price
$1,875,000
Property Type
Residential
Type of Dwelling
Quadruplex
Style of Home
Heritage
Transaction Type
Sale
Area
Victoria
Sub-Area
Vi Downtown
Bedrooms
6
Bathrooms
5
Floor Area
3,051 Sq. Ft.
Lot Size
4524 Sq. Ft.
Lot Size (Acres)
0.1 Ac.
Year Built
1892
MLS® Number
1050447
Listing Brokerage
Engel & Volkers Vancouver Island
Basement Area
Unfinished
Postal Code
V8V 3V4
Tax Amount
$10,891.29
Tax Year
2026
Features
Baseboard, Electric, Wood
Amenities
Central Location, Rectangular Lot, Shopping Nearby