$988,000
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2857 Shelbourne St, Victoria

Victoria, BC V8N 6K4
MLS® 1043630
4
Bedrooms
2
Bathrooms
1,297
Sq Ft
1929
Year Built
2
Days on Market

Description

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!

Property Details

Property Type Residential
Property Sub Type Single Family Detached
Listing ID 1043630
Status Active
City Victoria
Area Victoria
Sub-Area Vi Oaklands
Postal Code V8N 6K4
Property Taxes $4,628.00 (2026)
Parking Total 1
Zoning res
Facing West
Water Municipal
Sewer Sewer To Lot
Heating Baseboard,Electric
Construction Stucco,Wood
Roof Asphalt Shingle
Foundation Poured Concrete
Basement Finished
Laundry Common Area
Listed Date Jul 18, 2026
Ownership Freehold
Lot Size 0.16 acres

Rooms

Room Level Dimensions Description
Bathroom Main level 4-Piece
Bedroom Main level 9 ft x 9 ft
Bedroom Main level 9 ft x 9 ft
Dining room Main level 11 ft x 11 ft
Kitchen Main level 9 ft x 8 ft
Living room Main level 12 ft x 12 ft
Laundry room Other 8 ft x 7 ft

Building Details

Heating Baseboard heaters
Heating Fuel Electric
Stories -1

Additional Information

Features Rectangular
Land Size 6890 sqft
Building Type House
Interior Size 1297 sqft
Transaction For sale

Location