1533 Oakland Avenue

Victoria, British Columbia V8T2L1

MLS # 1053132

$795,000

Property Details

Type

Detached

Beds

Baths

Status

For Sale

More homes like this

Detacheds For Sale in Victoria Homes For Sale in Victoria 2+ Bedroom Detacheds in Victoria

About this property

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.

Mortgage Estimate

Price Down Payment % Rate % Years

Estimated monthly payment

Calculating…

Estimate only. Taxes, insurance, condo fees, and lender terms are not included.

Monthly costs to verify

Property taxes: about $378/month based on listed annual taxes.

Estimate only. Confirm taxes, condo/maintenance fees, insurance, utilities, and lender terms before making decisions.

Rooms

Room	Level	Dimensions
Storage	Main level	10'8 x 7'11
Laundry room	Main level	4'11 x 7'11
Kitchen	Main level	12'8 x 8'10
Bathroom	Main level	8'0 x 5'9
Bedroom	Main level	11'4 x 10'0
Bedroom	Main level	10'2 x 9'3