Area: British Columbia
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Exceptional opportunity for homeowners, investors, and developers alike! Situated on a generous 65' x 106' lot in a prime central Victoria location, this property offers exciting redevelopment potential. Whether you're looking to explore future multi-unit development, hold as a long-term investment, or move into a home with excellent mortgage helper income, this property offers outstanding flexibility. The well-maintained home features a bright upper level plus a self-contained two-bedroom basement suite currently generating $2,000/month in rental income. It's an ideal setup for first-time buyers seeking additional income, investors looking for strong cash flow, or those planning for future redevelopment. Conveniently located just minutes from downtown Victoria, Hillside Shopping Centre, Camosun College, Cedar Hill Golf Course, parks, schools, transit, and a wide variety of everyday amenities. Properties offering this combination of redevelopment potential, rental income, and a sought-after location are increasingly rare. Don't miss this exceptional opportunity! (id:44056)

Property Details

Full Address:
2857 Shelbourne St, Victoria, British Columbia
Price:
$ 988,000
MLS Number:
1043630
List Date:
July 19th, 2026
Neighbourhood:
Oaklands
Lot Size:
6890 sq.ft.
Year Built:
1929
Taxes:
$ 4,628

Interior Features

Bedrooms:
4
Bathrooms:
2
Air Conditioning:
None
Heating:
Baseboard heaters, Electric

Building Features

Zoning:
Residential
Garage Spaces:
1
Ownership Type:
Freehold
Taxes:
$ 4,628

Floors

Finished Area:
1297 sq.ft.

Land

Lot Size:
6890 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Tony Wang Team 3000 Realty Ltd
 250-580-8669
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Listing Agent(s)

Listing: Tony Wang
Team 3000 Realty Ltd

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