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Investment signal

$2,599,999

1270 Yates St

Save this home

Beds

11

Baths

10

Sqft

Year

1901

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Victoria. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

A rare opportunity to own a true piece of Victoria’s history. Built in 1901, this iconic heritage residence stands proudly in one of the city’s most vibrant, character-filled neighbourhoods. From the moment you arrive, the craftsmanship draws you in—ornate woodwork, grand windows that welcome the light, stately columns, and a wrap-around veranda that feels like it belongs to another era. It invites you to slow down… to imagine life as it once was, while appreciating everything it has become. Spanning approximately 7,800 sq ft on a 10,500 sq ft lot, this remarkable property offers 11 bedrooms and has been thoughtfully evolved into a collection of ten unique rental suites—each with its own personality. Soaring ceilings—some reaching up to 11 feet—create a sense of openness and elegance rarely found today. Original hardwood floors tell quiet stories beneath your feet, while decorative moldings and antique fireplaces add layers of warmth and charm. What makes this property truly special is that its history has been beautifully preserved, while essential upgrades—plumbing, electrical, and heating—have been seamlessly integrated to support modern living. Kitchens and bathrooms offer everyday functionality, without taking away from the home’s soul. Ten units generating high rental income, attracting tenants drawn to both character and location. Surrounded by mature trees and just steps to shops, cafés, and parks, this is a rare opportunity to invest in something truly special—where history, lifestyle, and income come together beautifully.Surrounded by mature trees and just steps to local cafés, parks, and everyday amenities, the location is as timeless as the home itself. This is more than a property. It’s a piece of history—gracefully carried forward, ready for its next chapter. Proudly listed — 1270 Yates St Offered at $2,599,999 Co-listed by Coral Uster & Jenelle Villa Oakwyn Realty (id:65958)

Subtype
Single Family
Architectural style
Other
Structure
Fourplex
Community
Rossland
Common interest
Freehold
Living area
7,726 square feet
Lot size
10,500 square feet
Lot dimensions
10500
Fireplace
6
On market
Apr 29, 2026
Status changed
Apr 29, 2026
Annual tax
$16,253.15
Zoning
Multi-Family
Photos
58
MLS#
1028842
Area
VICTORIA

Features and systems

Parking

None

Heating

Baseboard heaters

Cooling

None

Security

Sprinkler System-Fire
Negative cash flow ~$2,711/mo at these assumptions

Cash on cash

-6.26%

Cap rate

3.61%

GRM

16.7

Break-even rent

$15,853

Financing

Down payment$520,000
Loan amount$2,079,999
Mortgage$10,539/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,192
Insurance$80
Maintenance$2,167
CapEx reserve$1,083
Vacancy loss$650

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Victoria. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $10,539/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 29, 2026.

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