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:4069)
Address
1575 Burton Ave
List Price
$1,099,800
Property Type
Single Family
Type of Dwelling
House
Transaction Type
Sale
Area
British Columbia
Sub-Area
Victoria
Bedrooms
6
Bathrooms
2
Floor Area
2,147 Sq. Ft.
Lot Size
5008 Sq. Ft.
Year Built
1968
MLS® Number
1043813
Listing Brokerage
Engel & Volkers Vancouver Island
Postal Code
V8T2N3
Ownership
Freehold
Parking Places (Total)
2
Features
Curb & gutter
Heat Source
Electric
Heat Type
Baseboard heaters
Cooling Features
None
Fireplace
Yes
Number of Fireplaces
2
