1533 Oakland Ave, Victoria, BC V8T 2L1

$795,000
2
BD
1
BA
794
SqFt

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Courtesy of Royal LePage Coast Capital - Chatterton

List Price
$795,000
Status
ACTIVE
MLS®
1053132
Property Type
Single Family Residential
Year Built
1946
Style
Rancher
Bedrooms
2
Total baths
1
Living Area
794
Acres
0.13
Lot Size
5,760
District
Victoria
Neighbourhood
Vi Oaklands

Property Description

Prime Development Opportunity – Offered at Land Value! Ideally situated in a desirable neighbourhood, this approximately 5,800 sq. ft. flat, level lot presents an excellent opportunity for builders, developers, and investors. Surrounded by newer homes and conveniently located near UVIC, Camosun College, Hillside Mall, and major amenities. This is an opportunity to secure a property with significant redevelopment potential. Plans and permits for a duplex are in place. A demolition permit has been applied for, potentially helping streamline the development process. The existing dwelling is considered a teardown, making this an ideal opportunity to focus on the land and its future possibilities. Currently tenanted at $2,200/month, the property provides rental income while you plan your next steps. A rare opportunity to build in a prime location. Sold AS IS, WHERE IS. Buyers are to verify all permits, plans, measurements, development potential, and requirements to their own satisfaction.

Additional Information

Layout
Rancher
Lot Features
Curb & Gutter
Heating
Electric
Roof
See Remarks
Parking Spaces
2
Parking Type
Driveway
Kitchens
1
Laundry Feature
In Unit
Fireplace Description
Wood Burning
Taxes
$4,541
Rentals Allowed
Unrestricted
Pets Allowed
Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

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