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.
Property Type:
Residential
Type:
Single Family Residence
Year built:
1946
(Age: 80)
Living Area:
794 sq. ft.73.8 m2
Listing General Location:
Vi Oaklands, Victoria
Bedrooms:
2
Bathrooms:
1.0
(Full:-/Half:-)
Lot Size:
5,760 sq. ft.535 m2
Lot Details:
48 ft wide
Kitchens:
1
Building Features:
Transit Nearby
Construction:
Insulation: Walls, Wood
New Construction:
No
Basement:
None
Foundation:
Concrete Perimeter
Roof:
See Remarks
Levels:
2
Total Building Area:
794 sq. ft.73.8 m2
Total Unfinished Area:
0 sq. ft.0 m2
# Bedrooms or Dens Total:
2
# Main Level Bedrooms:
2
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
0 sq. ft.0 m2
Living Area Main Floor:
794 sq. ft.73.8 m2
Living Area Other Floor:
0 sq. ft.0 m2
Living Area 2nd Floor:
0 sq. ft.0 m2
Living Area 3rd Floor:
0 sq. ft.0 m2
Fireplaces:
1
Fireplace Details:
Wood Burning
Laundry Features:
In Unit
Water supply:
Municipal
Sewer:
Sewer To Lot
Cooling:
None
Heating:
Electric
Fireplace:
Yes
Ground Level
0
Yes
No
Unrestricted
Jurisdiction name:
City of Victoria
Number of 2 piece baths:
0
Number of 3 piece baths:
1
Number of 4 piece baths:
0
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Occupancy:
Tenant
Property Condition:
Fixer, Land Value Only, Resale
Exposure / Faces:
Northeast
Layout:
Rancher
Lot Site Features:
Curb & Gutter
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Driveway
Total Parking Spaces:
2
Road Surface Type:
Paved
Common Parking Spaces:
0
Date Listed:
Oct 30, 2026
Original Price:
795000.0
Listed by Royal LePage Coast Capital - Chatterton
Data was last updated October 30, 2026 at 10:05 PM (UTC)
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