Victoria Real Estate
121/123 South Turner St photo 1 of 95
1 / 95

121/123 South Turner St

$2,288,500

James Bay

Multifamily7 bd · — · 4,255 sqftBuilt 1901$538/sqft4 days on market

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About this home

Blending old world charm with contemporary upgrades, this legal triplex with garden suite/cottage is sure to please the most discerning of Buyers and Investors. A functional layout can be enjoyed in the main quarters, which has 4 beds and 2 baths. It also boasts wood floors, several skylights, gas FP, built in dining bench, laundry room, built in speakers, huge master bed with ensuite and sunny rooftop deck. Privately separated on the entry level are two 1bed/1bath suites that also exude high level finishings and earn healthy revenues. Peace and quiet is retained by extra sound proofing between floors. Complimenting the private, gorgeously landscaped back yard is the garden suite that is bright and airy. Luxury continues here with cherry floors, vaulted ceilings, and 4P bathroom with soaker tub.1bed Suites are separately metered and have a central laundry area. Planted in the middle of James Bay Village, Beacon Hill Park and Dallas Rd Waterfront, this is THE perfect investment. (id:65179)

Property details

From the listing's public record.

Lot size

5,663 square feet

Year built

1901

Taxes

$11,051/yr

Zoning

Residential

View

City viewMountain view

Appliances

WasherRefrigeratorDishwasherRangeDryer

Heating

Baseboard heatersElectricNatural gas

Parking

Stall

Lot

Central locationLevel lotPrivate settingRectangularMarine Oriented

Style

Character

Price history

9 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Aug 6, 2026

    Listed $2,288,500

    Active4 days on marketMLS 1043876

  2. Dec 2, 2019

    $1,762,500

    Sold28 days on marketMLS 827414

  3. Aug 2, 2019

    Listed $1,999,000

    Cancelled185 days on marketMLS 821723

  4. Mar 1, 2019

    Listed $2,175,000

    Expired92 days on marketMLS 807086

  5. May 31, 2018

    Listed $2,199,000

    Expired92 days on marketMLS 788744

  6. Nov 1, 2012

    $1,175,000

    Sold12 days on marketMLS 617829

  7. Jun 18, 2012

    Listed $1,374,900

    Cancelled196 days on marketMLS 610461

  8. Oct 15, 2004

    $700,000

    Sold14 days on marketMLS 343492

  9. Oct 31, 2002

    $532,500

    Sold24 days on marketMLS 293756

How this listing compares

Based on 13 sales in Victoria

Median sold

$1,222,500

Avg days on market

57 days

Avg sale-to-list

97.8%

Avg $/sqft

$381

Price per square foot

This home: $538/sqftArea average: $381/sqft

Above area average

Current market in Victoria

Active (same type)

25

Pending

4

All active listings

544

Months of supply

23.1

Buyer's market — 23.1 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$1,928,000

Homes in Victoria sell at 101.7% of assessed value on average.

Based on 13 recent sales.

Local price trend

How James Bay has moved over the last decade.

311385459Jun 2017Jul 2018Aug 2022

Local price index (normalized) · 6 months

Recent nearby sales

6 sales

  • 1950 Granite St

    $1,025,000

    4 bd · 3 ba · 3,456 sqft · $297/sqft · 34 days on market

    Sold Jul 3, 2026 · 93.3% of list

  • 1454/1456 Begbie St

    $1,450,000

    5 bd · 3 ba · 2,759 sqft · $526/sqft · 11 days on market

    Sold Jun 29, 2026 · 97% of list

  • 1909 Fernwood Rd

    $1,318,500

    7 bd · 4 ba · 4,222 sqft · $312/sqft · 10 days on market

    Sold Jun 25, 2026 · 102.4% of list

  • 402 Dallas Rd

    $2,100,000

    7 bd · 4 ba · 4,635 sqft · $453/sqft · 22 days on market

    Sold Jun 19, 2026 · 95.7% of list

  • 1015 Empress Ave

    $1,222,500

    6 bd · 3 ba · 3,470 sqft · $352/sqft · 80 days on market

    Sold May 29, 2026 · 94.1% of list

  • 2411 Quadra St

    $980,000

    4 bd · 2 ba · 2,760 sqft · $355/sqft · 149 days on market

    Sold Mar 23, 2026 · 103.3% of list

What would this home cost?

Estimate your monthly payment and total cash to close on this property — BC Property Transfer Tax included. Adjust the numbers for your situation.

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We don't guess a rate — talk to a broker for current Island rates and what you'd actually qualify for.

Property Transfer Tax is shown at the standard rate for this property type. First-time and newly-built exemptions apply to principal residences — for vacant land, they may apply if you build and occupy a home here (the amount depends on land plus construction cost). Talk to us about your situation.

Estimate

Monthly mortgage

—

Enter a rate to see the payment.

Loan amount

$2,288,500 − $457,700

$1,830,800

Down payment

20.0%

$457,700

Property Transfer Tax

$46,655

Legal / closing (est.)

$1,500

Cash to close

$505,855

Down payment + PTT + GST + legal estimate.

Estimates only, based on current BC rates and thresholds. Not tax, legal, or financial advice. Property transfer tax exemptions have eligibility requirements — confirm with a lawyer or notary. GST rebates on new construction are not modelled here. Mortgage payment uses Canadian semi-annual compounding and excludes property tax, home insurance, and CMHC mortgage insurance.

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More on this listing

View full listing & all photos on REALTOR.ca →

Interested in this home?

Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.

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