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.
Address
1533 Oakland Ave
List Price
$795,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
Sale
Area
Victoria
Sub-Area
Vi Oaklands
Bedrooms
2
Bathrooms
1
Floor Area
794 Sq. Ft.
Lot Size
5760 Sq. Ft.
Lot Size (Acres)
0.13 Ac.
Year Built
1946
MLS® Number
1053132
Listing Brokerage
Royal LePage Coast Capital - Chatterton
Basement Area
None
Postal Code
V8T 2L1
Tax Amount
$4,541.00
Tax Year
2026
Features
Electric
Amenities
Curb & Gutter
