1575 Burton Ave, Victoria, BC V8T 2N3

$1,099,800
6
BD
2
BA
2,147
SqFt

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Courtesy of Engel & Volkers Vancouver Island

List Price
$1,099,800
Status
ACTIVE
MLS®
1043813
Property Type
Single Family Residential
Year Built
1968
Style
M Lev Ent w/Bsmt
Bedrooms
6
Total baths
2
Living Area
2,147
Acres
0.11
Lot Size
5,008
District
Victoria
Neighbourhood
Vi Oaklands

Property Description

Unlock exceptional potential at 1575 Burton Ave, a versatile property on a flat 40' x 125' CORNER lot in a highly central, walkable Victoria neighbourhood. Featuring 6 beds, 2 baths, and 2 kitchens, this home offers a proven track record as a high-yield revenue property over the last few years or live upstairs with a 3 bed suite down. While it needs some updates to reach its full aesthetic potential, the home is absolutely livable as is, allowing you to collect immediate rental income while finalized plans are put in motion. For forward-thinking investors and builders, this corner lot is prime for multi-unit development under BC's Small-Scale Multi-Unit Housing (SSMUH) guidelines. Buyers are encouraged to verify specific development paths and zoning details directly with the City of Victoria. Located just steps from Hillside Shopping Centre, major transit routes, schools, and parks, this high-demand location is primed for development. Basement suite is FULLY LEGAL.

Additional Information

Layout
Main Level Entry with Lower Level(s)
Lot Features
Curb & Gutter
Heating
Baseboard, Electric
Flooring
Carpet
Roof
Asphalt Shingle
Parking Spaces
2
Parking Type
Carport
Kitchens
2
Laundry Feature
Common Area
Fireplace Description
Family Room, Living Room
Taxes
$5,767
Rentals Allowed
Unrestricted
Pets Allowed
Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

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