2857 Shelbourne St
Victoria
V8N 6K4
$988,000
Residential
beds: 4
baths: 2.0
1,297 sq. ft.
built: 1929
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1043630
- Bedrooms:
- 4
- Bathrooms:
- 2
- Year Built:
- 1929
- Photos (19)
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Exceptional opportunity for homeowners, investors, and developers alike! Situated on a generous 65 x 106 lot in a prime central 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 home features a bright upper level + self-contained two-bedroom basement suite that currently generates 2000/m in rental income. It's an ideal setup for first-time buyers seeking addl income, investors looking for strong cash flow, or those planning for future redevelopment. Just minutes from downtown Victoria, Hillside Shopping Centre, Camosun College, Cedar Hill Golf, parks, schools, transit, and a wide variety of amenities. Properties offering this combination of redevelopment potential, rental income, and a sought-after location are increasingly rare.Don't miss this exceptional opportunity!
- Property Type:
- Residential
- Type:
- Single Family Residence
- Year built:
- 1929 (Age: 97)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 1,297 sq. ft.
- Listing General Location:
- Vi Oaklands, Victoria
- Bedrooms:
- 4
- Bathrooms:
- 2.0 (Full:-/Half:-)
- Lot Size:
- 6,890 sq. ft.
- Lot Details:
- 65 ft wide x 106 ft deep
- Kitchens:
- 2
- Taxes:
- Signup
- Construction:
- Stucco, Wood
- New Construction:
- No
- Basement:
- Finished
- Foundation:
- Concrete Perimeter
- Roof:
- Asphalt Shingle
- Levels:
- 2
- Ceiling Heights:
- Signup
- Total Building Area:
- 1,297 sq. ft.
- Total Unfinished Area:
- 0 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 4
- # Main Level Bedrooms:
- 2
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 2
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 1
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 1
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 1
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 1
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 652 sq. ft.
- Living Area Main Floor:
- 645 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 0 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 0
- Laundry Features:
- Common Area
- Water supply:
- Municipal
- Sewer:
- Sewer To Lot
- Cooling:
- None
- Heating:
- Baseboard, Electric
- Fireplace:
- No
- Pending Date:
- Signup
- Main Level
- 0
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 1
- Number of 4 piece baths:
- 1
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Occupancy:
- Tenant
- Property Condition:
- Resale
- Exposure / Faces:
- West
- Layout:
- Main Level Entry with Lower Level(s)
- Lot Site Features:
- Rectangular Lot
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- Driveway, On Street
- Total Parking Spaces:
- 1
- Common Parking Spaces:
- 0
- Total Units:
- Signup
- Date Listed:
- Jul 18, 2026
- Original Price:
- 988000.0
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Listed by Team 3000 Realty Ltd
Data was last updated July 19, 2026 at 10:05 PM (UTC)
Area Statistics
- Listings on market:
- 43
- Avg list price:
- $849,000
- Min list price:
- $334,900
- Max list price:
- $1,999,900
- Avg days on market:
- 54
- Min days on market:
- 3
- Max days on market:
- 229
- Avg price per sq.ft.:
- $574.84
These statistics are generated based on the current listing's property type
and located in
Vi Oaklands. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- Jerome Peacock
- Pemberton Holmes Real Estate
- 250-888-0326
- jerome@peacockrealestate.ca
805 Cloverdale Ave #150
Victoria, British Columbia V8X 2S9