$988,000
About this House
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!
Lot Features Of 2857 Shelbourne, Oaklands, Victoria
Rectangular Lot
Listed by Team 3000 Realty Ltd.
Brought to you by your friendly REALTORS® through the MLS® System,
courtesy of BrixWork for Realtors for your convenience.
Disclaimer: This
representation is based in whole or in part on data generated by the Chilliwack
& District Real Estate Board, Fraser Valley Real Estate Board or Real Estate
Board of Greater Vancouver which assumes no responsibility for its accuracy.
Features
- MLS®: 1043630
- Type: House
- Bedrooms: 4
- Bathrooms: 2
- Square Feet: 1,297 sqft
- Lot Size: 6,890 sqft
- Frontage: 65.00 ft
- Depth: 106.00 ft
- Taxes: $4,628 (2026)
- Parking: 1 Driveway, On Street
- Fireplaces: 0
- Year Built: 1929