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. (id:44056)

Property Details

Full Address:
1533 Oakland Ave, Victoria, British Columbia
Price:
$ 795,000
MLS Number:
1053132
List Date:
October 30th, 2026
Lot Size:
5760 sq.ft.
Year Built:
1946
Taxes:
$ 4,541

Interior Features

Bedrooms:
2
Bathrooms:
1
Total Rooms:
Air Conditioning:
None
Heating:
Electric
Fireplaces:
1

Building Features

Zoning:
Residential
Garage Spaces:
2
Ownership Type:
Freehold
Legal Description:
E
Taxes:
$ 4,541

Floors

Finished Area:
794 sq.ft.

Land

Lot Size:
5760 sq.ft.
Lot Features:
Curb & gutter

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Sarabdeep Sethi Personal Real Estate Corporation Royal LePage Coast Capital - Chatterton
778-922-6415
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Listing Agent(s)

Lead Agent: Sarabdeep Sethi
Office: Royal LePage Coast Capital - Chatterton
Originating Board: Victoria Real Estate Board

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