About This Property
EXCEPTIONAL INVESTMENT OPPORTUNITY - CURRENTLY RENTED AT $4000 PER MONTH TO AWESOME TENANT! Exceptional value in the heart of Fairfield — now offered at $668,888. Welcome to Unit 506 at 420 Linden Avenue, a rare opportunity for the discerning 55+ buyer seeking comfort, quality, and a truly walkable lifestyle. Set within a well-managed steel and concrete boutique building, this quiet, established community is just steps to Cook Street Village, Beacon Hill Park, the waterfront, and everyday amenities. This northwest-facing 2-bedroom, 2-bathroom suite is filled with natural light, with warm afternoon sun flowing through the living and dining areas and into the enclosed sunroom—perfect for year-round enjoyment. The thoughtful layout offers ease and functionality, featuring a spacious kitchen, cozy breakfast nook, in-suite laundry, and a welcoming living room with a charming wood-burning fireplace. Easy-care wood laminate flooring runs through the main living areas, complemented by soft, cozy carpet in the primary bedroom. Designed for those looking to simplify without compromise, this home offers quiet, comfortable living in a highly desirable, community-oriented building. Currently tenanted at $4,000 per month with a tenant who would love to stay, this also presents a compelling investment opportunity for the right buyer seeking immediate income in a prime Fairfield location. A standout opportunity for buyers seeking quality construction, lifestyle, and exceptional value in one of Victoria’s most coveted neighbourhoods. Showings by appointment. (id:64973)
At $560 per square foot, this condo is priced competitively compared to the Victoria average of $660 per square foot. The 55+ demographic will find this well-maintained property appealing given its prime Fairfield location and potential for a strong rental yield of over 7% at the listed price.
Property Details
Location
Interested in buying in Victoria?
Rose Marie Manno is a 5-star rated REALTOR® serving Metro Vancouver & the Fraser Valley.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Canadian Real Estate Association. Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the FVREB, REBGV or CADREB, which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver, the Fraser Valley Real Estate Board, or the Chilliwack and District Real Estate Board.