1533 Oakland Ave
Victoria, British Columbia
MLS® 1053132
$795,000
- Status
- Active
- Property type
- House
- MLS® number
- 1053132
- Bedrooms
- 2
- Bathrooms
- 1
- Year built
- 1946
1 / 27Listing 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.
Property summary
- MLS® number
- 1053132
- Property type
- Single Family
- Building type
- House
- Square footage
- 794 sq ft
- Title
- Freehold
- Land size
- 5760 square feet
- Built in
- 1946
- Annual property taxes
- $4,541.00
- Parking
- 2 spaces
- Days on market
- 0 days
Features & details
- Heating
- Electric
- Cooling
- None
- Lot features
- Curb & gutter
What would this home cost you?
Based on the $795,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Royal LePage Coast Capital - Chatterton, Victoria.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.