1228 Pembroke St

1228 Pembroke St · Victoria, Fernwood · Duplex · 5 bed · 2 bath · $879,000 · MLS 1039448

Victoria, British Columbia · Neighbourhood: Fernwood
C$879,000
For sale
1228 Pembroke St

1228 Pembroke St is located in Victoria (Fernwood). Property snapshot: Duplex, 5 bed, 2 bath, listed at $879,000, MLS 1039448. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: -. BurnabyHouse Deal Score: 50/100. Latest reco

List Price: $879,000
MLS: 1039448
Bedrooms: 5
Bathrooms: 2
Interior Size: 1,715 sqft
Days on Market: -
Days on Site: 3
Deal Score: 50/100
Price History: Latest recorded list price 879000.00

Local Decision Guide

How should buyers evaluate 1228 Pembroke St?

Start by reading this listing in its Victoria Fernwood context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 1228 Pembroke St?

This page shows a list price of $879,000 with MLS 1039448.

What type of home is this Victoria, Fernwood listing?

The page shows Duplex, 5 bed, 2 bath at 1228 Pembroke St. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about - days on market/site. Latest recorded list price 879000.00.

What does the Deal Score of 50/100 mean?

Deal Score is a BurnabyHouse screening score based on list price, assessment, DOM, strata fees, rent yield and area-average signals. It helps with first-pass screening and does not replace inspection, financing, legal or municipal due diligence.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

An outstanding investment opportunity in the heart of Fernwood, this beautifully maintained & thoughtfully updated half duplex combines strong revenue, excellent long-term tenants & a highly desirable location. Situated directly across from a picturesque neighbourhood park & surrounded by the character that makes Fernwood one of Victoria's most sought-after communities, this property offers flexibility, functionality & reliable income. Designed with independent living in mind, the home features two self-contained suites, allowing both upper & lower occupants to enjoy privacy & comfort. The property has been extensively upgraded & carefully maintained, creating a truly turnkey opportunity for investors or families seeking a multigenerational living solution. Recent improvements include efficient heat pump, enhanced soundproofing between the suites, a Rheem Marathon hot water tank & a newer roof, providing peace of mind while improving comfort for both occupants. A standout feature is the thoughtfully designed common storage area with two separate locking storage lockers—one for each suite. This secure indoor space is ideal for bicycles, paddleboards, seasonal gear, tools & equipment that support an active West Coast lifestyle. The property currently generates close to $6,000 per month in rental income with excellent long-term tenants already in place. The strong revenue stream & quality tenant profile make the property an attractive addition to any portfolio. Directly across the street, the neighbourhood park provides a beautiful green outlook, while the charming little free library adds to the welcoming community atmosphere. Whether you're looking for a fully updated revenue property, a mortgage helper arrangement, or a flexible multigenerational living option, this exceptional duplex offers a rare combination of location, condition, and income potential. Proudly Presented By Ann Watley Personal Real Estate Corporation, Pemberton Holmes Real Estate (id:56153)

Property Details

Duplex
Building Type
5
Bedrooms
2
Bathrooms
1943
Year Built
83 years
Age
3
Days on Site
1,715 sqft
Interior Size
C$513
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29906263 (1039448)

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Site Context

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Property Summary

Price: C$879,000

PID: 024-473-651

Days on Site: 3 days

Added to BurnabyHouse: 2026-06-15

Updated on: 2026-06-16 12:01 PM PDT

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Lot info

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Schools

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Nearby Points of Interest

Grocery / Food Access
Save-On-Foods
About 720.8 m away
1010 Pandora Avenue
Daily Fresh
About 828.1 m away
1627 Quadra Street
Shopping Centres
Oaklands Sunset Market
About 1.2 km away
The Bay Centre
About 1.5 km away

Price History

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BC Assessment

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BC Assessment Sales History & Nearby Sales

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Last Updated: Tue, 16 Jun 2026 11:30:45 AM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: Pemberton Holmes Ltd.

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