2857 Shelbourne St, Victoria, BC V8N 6K4

$988,000
4
BD
2
BA
1,297
SqFt

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Courtesy of Team 3000 Realty Ltd

List Price
$988,000
Status
ACTIVE
MLS®
1043630
Property Type
Single Family Residential
Year Built
1929
Style
M Lev Ent w/Bsmt
Bedrooms
4
Total baths
2
Living Area
1,297
Acres
0.16
Lot Size
6,890
District
Victoria
Neighbourhood
Vi Oaklands

Property Description

Exceptional opportunity for homeowners, investors, and developers alike! Situated on a generous 65 x 106 lot in a prime central 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 home features a bright upper level + self-contained two-bedroom basement suite that currently generates 2000/m in rental income. It's an ideal setup for first-time buyers seeking addl income, investors looking for strong cash flow, or those planning for future redevelopment. Just minutes from downtown Victoria, Hillside Shopping Centre, Camosun College, Cedar Hill Golf, parks, schools, transit, and a wide variety of amenities. Properties offering this combination of redevelopment potential, rental income, and a sought-after location are increasingly rare.Don't miss this exceptional opportunity!

Additional Information

Layout
Main Level Entry with Lower Level(s)
Lot Features
Rectangular Lot
Heating
Baseboard, Electric
Roof
Asphalt Shingle
Parking Spaces
1
Parking Type
Driveway, On Street
Kitchens
2
Laundry Feature
Common Area
Taxes
$4,628
Rentals Allowed
Unrestricted
Pets Allowed
Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

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