$1,600,000
2329 Dowler Pl
Beds
7
Baths
5
Sqft
—
Year
1910
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
- Lot size
- 7,055 square feet
- MLS#
- 1020555
- Area
- VICTORIA
Cash on cash
-11.50%
Cap rate
3.59%
GRM
16.7
Break-even rent
$11,227
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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
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.