Victoria, British Columbia V8T2N3
$1,039,900
MLS® 1052681
6
Bedrooms
2
Bathrooms
2,147 square feet
Living Area
1968
Year Built
Single Family
Type
5,008 square feet
Lot Size
2
Parking
Unlock exceptional potential at 1575 Burton Ave, a versatile property on a flat 40' x 125' CORNER lot in a highly central, walkable Victoria neighbourhood. Featuring 6 beds, 2 baths, and 2 kitchens, this home offers a proven track record as a high-yield revenue property over the last few years or live upstairs with a 3 bed suite down. While it needs some updates to reach its full aesthetic potential, the home is absolutely livable as is, allowing you to collect immediate rental income while finalized plans are put in motion. For forward-thinking investors and builders, this corner lot is ideal for multi-unit development under BC's Small-Scale Multi-Unit Housing (SSMUH) guidelines. Buyers are encouraged to verify specific development paths and zoning details directly with the City of Victoria. Located just steps from Hillside Shopping Centre, major transit routes, schools, and parks, this high-demand location is primed for development. (id:65701)
Listed by
Engel & Volkers Vancouver Island
Victoria
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