2857 Shelbourne St, Victoria

2026-07-20
 

Quick Summary

Location
2857 Shelbourne St, Victoria, British Columbia V8N6K4
Price
$988,000 CAD
Status:
For Sale
Property Type:
Single Family
Area:
1297 sqft
Bedrooms:
4
Bathrooms:
2
Garages:
1
Year of Construction:
1929

MLS®#1043630

Property Description

Exceptional opportunity for homeowners, investors, and developers alike! Situated on a generous 65' x 106' lot in a prime central Victoria 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 well-maintained home features a bright upper level plus a self-contained two-bedroom basement suite currently generating $2,000/month in rental income. It's an ideal setup for first-time buyers seeking additional income, investors looking for strong cash flow, or those planning for future redevelopment. Conveniently located just minutes from downtown Victoria, Hillside Shopping Centre, Camosun College, Cedar Hill Golf Course, parks, schools, transit, and a wide variety of everyday amenities. Properties offering this combination of redevelopment potential, rental income, and a sought-after location are increasingly rare. Don't miss this exceptional opportunity! (id:32467)

Property Features

Building

  • Cooling Type: None
  • Fireplace: No
  • Interior Size: 1297 sqft
  • Building Type: House

Features

  • Feature: Rectangular

Land

  • Land Size: 6890 sqft

Ownership

  • Type: Freehold

Zoning

  • Description: res

Information entered by Team 3000 Realty Ltd
Listing information last updated on: 2026-07-19 05:13:37


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Your One Percent Realty Commission savings

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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same. Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.

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We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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