$1,550,000

House For Sale In Oaklands, Victoria, British Columbia

$1,550,000
  • 6

    Bedrooms

  • 3

    Baths

  • 6600.00 Square Feet

    Lot Size

Property Information:

Attention Developers: This is an exceptional opportunity to acquire two adjacent lots totaling 0.30 acres at 2840 and 2844 Shelbourne St (MLS-975305), offering a combined area of 80ft x 165ft (13,200 sqft) with substantial redevelopment potential. These properties must be purchased together and are ideal for generating rental income while you plan your future project. 2840 Shelbourne is currently tenanted bringing in $6,100 per month with tenants paying own utilities. Additionally, consider the neighboring lots at 2848/2852 Shelbourne (MLS#964573), which could expand the site to 160ft x 165ft (26,400sqft). Victoria’s proactive approach to development enhances the appeal of this investment. Please note that both homes are currently occupied; do not walk the properties. Site visits can be arranged with your agent, and home viewings are only available with an accepted offer. Don’t miss out—contact your agent today!

Property Features:

  • Bedrooms: 6
  • Bathrooms: 3
  • Annual Tax Amount: $4,529
  • Basement: Finished, Full, Walk-Out Access, With Windows
  • Built in: 1925
  • Construction Materials: Frame Wood
  • Cooling: None
  • Floor Space (approx): 2740 Square Feet
  • Foundation Details: Concrete Perimeter
  • Heating: Baseboard, Electric
  • Laundry Features: In House
  • Lot Features: Level, Rectangular Lot
  • Lot Frontage: 6600 Square Feet
  • Lot Size: 6600.00 Square Feet
  • Ownership: Freehold
  • Parking Features: Driveway
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Resale
  • Property Sub Type:
  • Roof: Asphalt Shingle
  • Water Source: Municipal
  • Zoning Description: Residential
  • Sewer:
  • No. of Parking Spaces: 2

Rooms:

  • Bathroom Main Level 1.52 m x 1.52 m
  • Kitchen Main Level 3.05 m x 3.05 m
  • Bedroom 2nd Level 3.05 m x 3.05 m
  • Bedroom Main Level 3.05 m x 3.05 m
  • Bedroom Main Level 3.05 m x 3.05 m
  • Bedroom 2nd Level 3.05 m x 3.05 m
  • Bathroom Other level :Lower 1.52 m x 1.52 m
  • Bedroom Other level :Lower 3.05 m x 3.05 m
  • Bathroom 2nd Level 1.52 m x 1.52 m
  • Kitchen Other level :Lower 3.05 m x 3.05 m

Courtesy of: RE/MAX Camosun

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.