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Investment signal

$1,600,000

2329 Dowler Pl

Save this home

Beds

7

Baths

5

Sqft

Year

1910

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

Welcome to 2329 Dowler Place, a rare offering in the heart of Victoria featuring 6 self-contained suites with a total finished area of 4,422 sq. ft. Situated on a well-maintained property, this multi-family building combines strong rental income potential with a highly desirable location close to parks, shopping, transit, and downtown amenities. The main floor offers two units, including a bright 3-bedroom residence with generous living spaces, dining area, and private deck. The upper level features three additional self-contained bachelor suites, each thoughtfully designed with open-concept layouts. The lower level offers a large 3-bedroom suite with its own kitchen, living room, and laundry, ensuring comfortable long-term tenancy. Plus a separate detached 1-bedroom suite. With 6 individual units ranging from 1 to 3 bedrooms, this property provides flexibility for a diverse tenant mix. The building offers ample natural light, efficient layouts, and multiple outdoor areas, including decks and an enclosed balcony. Updated systems and well-planned common areas add to the appeal. Whether you’re an investor seeking steady cash flow, a buyer looking for multi-generational living options, or someone wanting to add a prime property to their portfolio, this property delivers exceptional value in one of Victoria’s most accessible neighborhoods. (id:65958)

Subtype
Single Family
Architectural style
Character
Structure
Fourplex
Community
Central Park
Common interest
Freehold
Living area
4,422 square feet
Lot size
7,055 square feet
Lot dimensions
7055
Parking
2 total
Fireplace
1
On market
Nov 18, 2025
Status changed
Apr 16, 2026
Annual tax
$6,419.77
Zoning
Multi-Family
Photos
56
MLS#
1020555
Area
VICTORIA

Features and systems

Appliances

WasherRefrigeratorStoveDryer

Heating

Baseboard heatersOther

Cooling

None

Lot

Central locationCurb & gutterLevel lotIrregular lot sizeOther

View

City view
Negative cash flow ~$1,699/mo at these assumptions

Cash on cash

-6.37%

Cap rate

3.59%

GRM

16.7

Break-even rent

$9,788

Financing

Down payment$320,000
Loan amount$1,280,000
Mortgage$6,486/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$733
Insurance$80
Maintenance$1,333
CapEx reserve$667
Vacancy loss$400

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.

Mortgage estimate

Estimated $6,486/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 16, 2026.

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