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. (id:44393)
| MLS® Number | 1053132 |
| Property Type | Single Family |
| Neigbourhood | Oaklands |
| Features | Curb & Gutter |
| Parking Space Total | 2 |
| Plan | Vip7131 |
| Bathroom Total | 1 |
| Bedrooms Total | 2 |
| Constructed Date | 1946 |
| Cooling Type | None |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Heating Fuel | Electric |
| Size Interior | 794 Sqft |
| Type | House |
| Access Type | Road Access |
| Acreage | No |
| Size Irregular | 5760 |
| Size Total | 5760 Sqft |
| Size Total Text | 5760 Sqft |
| Zoning Type | Residential |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Storage | 7'11 x 10'8 | ||
| Main Level | Laundry Room | 7'11 x 4'11 | ||
| Main Level | Kitchen | 8'10 x 12'8 | ||
| Main Level | Bathroom | 5'9 x 8'0 | ||
| Main Level | Bedroom | 10'0 x 11'4 | ||
| Main Level | Bedroom | 9'3 x 10'2 |
https://www.realtor.ca/real-estate/30461624/1533-oakland-ave-victoria-oaklands
Contact us for more information
Sarabdeep Sethi
Personal Real Estate Corporation
(250) 477-5353
(800) 461-5353
(250) 477-3328
www.rlpvictoria.com/