1124 Dallas Rd Victoria, British Columbia V8V 1B9

$2,450,000

INVESTMENT OPPORTUNITY, LEGAL REVENUE 6-PLEX! This is a rare opportunity to own an oceanfront revenue property in Fairfield, one of Victoria’s most desirable neighbourhoods. This legally operating 6-unit character conversion stands proudly along the Dallas Rd waterfront, offering sweeping, unobstructed ocean views and a lifestyle setting that is second to none. Step outside to the waterfront pathway, explore Beacon Hill Park, or enjoy the cafés and shops of Cook St Village—all just minutes from the front door. BCAssessment recognizes the building as Multi-Family–Conversion, ensuring peace of mind that the 6-plex configuration is firmly established despite the underlying R1-B zoning. Spanning nearly 5,000 square feet of finished living space across four levels, the property sits on a 5,459 square foot lot and includes a detached garage and workshop. The efficient unit mix offers five bright and well-proportioned one-bedroom, one-bath suites (451–569 sq ft) alongside a standout two-bedroom, two-bath residence with a total of 1,487 sq ft of living space. This exceptional unit spans two levels and showcases unobstructed views of the ocean and mountains from its main floor, a wood-burning fireplace, and the rare addition of a connected in-law suite below. This flexible configuration makes it ideal for extended family living, owner-occupancy with rental income, or premium tenancy arrangements. Each suite has its own character and privacy, enhanced by the thoughtful distribution across the main, upper, loft, and lower levels. The building’s heritage charm, prime oceanfront orientation, and proven rental demand combine to create a stable, high-performing asset. Located within Development Permit Area 15F–Missing Middle, the property also holds exciting long-term redevelopment potential. For investors seeking the rare blend of current cash flow, capital appreciation, and one of Victoria’s most coveted oceanfront addresses, 1124 Dallas Rd is a truly exceptional opportunity. (id:46156)

Property Details

MLS® Number	1015253
Property Type	Single Family
Neigbourhood	Fairfield West
Features	Central Location, Park Setting, Southern Exposure, Corner Site, Other
Parking Space Total	3
Plan	Vip834
Structure	Workshop
View Type	Mountain View, Ocean View
Water Front Type	Waterfront On Ocean

Building

Bathroom Total	7
Bedrooms Total	7
Appliances	Refrigerator, Stove, Washer, Dryer
Architectural Style	Character, Other
Constructed Date	1912
Cooling Type	None
Fire Protection	Sprinkler System-fire
Fireplace Present	Yes
Fireplace Total	2
Heating Fuel	Natural Gas
Heating Type	Baseboard Heaters
Size Interior	5,374 Ft2
Total Finished Area	4971 Sqft
Type	Fourplex

Land

Acreage	No
Size Irregular	5459
Size Total	5459 Sqft
Size Total Text	5459 Sqft
Zoning Type	Multi-family

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Bathroom			4-Piece
Second Level	Kitchen			7' x 8'
Second Level	Eating Area			4' x 8'
Second Level	Living Room			12' x 13'
Second Level	Bedroom			12' x 14'
Second Level	Kitchen			4' x 10'
Second Level	Living Room			15' x 14'
Second Level	Bedroom			12' x 13'
Second Level	Bathroom			4-Piece
Second Level	Balcony			9' x 9'
Third Level	Entrance			10' x 10'
Third Level	Bathroom			4-Piece
Third Level	Bedroom			14' x 12'
Third Level	Eating Area			7' x 6'
Third Level	Living Room			8' x 11'
Third Level	Kitchen			5' x 13'
Lower Level	Sitting Room		11 ft	Measurements not available x 11 ft
Lower Level	Bedroom			10' x 9'
Lower Level	Bathroom			3-Piece
Lower Level	Storage			7' x 8'
Lower Level	Utility Room			4' x 9'
Lower Level	Laundry Room			4' x 6'
Lower Level	Den			11' x 11'
Lower Level	Bathroom			3-Piece
Lower Level	Bedroom			15' x 11'
Lower Level	Living Room			13' x 14'
Lower Level	Entrance			5' x 5'
Lower Level	Kitchen			9' x 9'
Main Level	Bathroom			4-Piece
Main Level	Kitchen			5' x 8'
Main Level	Dining Room			8' x 8'
Main Level	Living Room			12' x 13'
Main Level	Bedroom			12' x 15'
Main Level	Bathroom			3-Piece
Main Level	Bedroom			11' x 9'
Main Level	Dining Room			9' x 9'
Main Level	Kitchen			9' x 9'
Main Level	Living Room			15' x 14'
Main Level	Entrance			6' x 21'
Other	Workshop			11' x 8'

https://www.realtor.ca/real-estate/28930511/1124-dallas-rd-victoria-fairfield-west