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$1,550,000
Est. payment /mo
6 Beds
3 Baths
2,740 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,740 sqft
Price per Sqft $565
Subdivision Oaklands
MLS® Listing ID 975307
Bedrooms 6
Originating Board Victoria Real Estate Board
Year Built 1925
Lot Size 6,600 Sqft
Acres 6600.0
Property Description
Attention Developers: This is an exceptional opportunity to acquire two adjacent lots totaling 0.30 acres at 2840 and 2844 Shelbourne St (MLS-975305), offering a combined area of 80ft x 165ft (13,200 sqft) with substantial redevelopment potential. These properties must be purchased together and are ideal for generating rental income while you plan your future project. 2840 Shelbourne is currently tenanted bringing in $6,100 per month with tenants paying own utilities. Additionally, consider the neighboring lots at 2848/2852 Shelbourne (MLS#964573), which could expand the site to 160ft x 165ft (26,400sqft). Victoria’s proactive approach to development enhances the appeal of this investment. Please note that both homes are currently occupied; do not walk the properties. Site visits can be arranged with your agent, and home viewings are only available with an accepted offer. Don’t miss out—contact your agent today! (id:24570)
Location
Province BC
Zoning Residential
Rooms
Extra Room 1 Second level 5 ft X 5 ft Bathroom
Extra Room 2 Second level 10 ft X 10 ft Bedroom
Extra Room 3 Second level 10 ft X 10 ft Bedroom
Extra Room 4 Lower level 5 ft X 5 ft Bathroom
Extra Room 5 Lower level 10 ft X 10 ft Kitchen
Extra Room 6 Lower level 10 ft X 10 ft Bedroom
Interior
Heating Baseboard heaters,
Cooling None
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 2
Private Pool No
Others
Ownership Freehold