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1575 Burton Ave, Victoria

MLS® #1039215
About this Property

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 prime 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. Basement suite is FULLY LEGAL. (id:62865)

Property Information

Status

Active

Year Built

1968

Property Type

House

Ownership

Freehold

Parking Spaces

2

Annual Tax

$5,108

Zoning

Residential

Parcel Number

007-660-367

Data Source

Victoria Real Estate Board

Interior Details

Bedrooms

6

Bathrooms

2

Living Area

2147 square feet

Exterior & Lot

Lot Size

5008.0 sqft

Lot Features

Curb & gutter
Building & Utilities

Heating

Baseboard heaters, Electric

Cooling

None

$1,099,800

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
6Beds
2Baths
2147sqft
Listing Courtesy of

Office

Engel & Volkers Vancouver Island

Mortgage Calculator
$219,960

Loan Amount:

$879,840

Estimated Monthly Payment:

$4,288

This is an estimate for informational purposes only. Consult with a financial advisor.