A cute home and a great investment! BC Assessment values just the land alone at over $1M. Most of the equity is in the land and the location but this property still features a charming, low-maintenance, single-level detached home—perfect as a condo alternative. Conveniently located on the Oak Bay border, it offers walkable access to groceries, banks, coffee shops, a recreation center, Royal Jubilee Hospital, Oak Bay Village, and Willows Beach. Enjoy the best of both worlds: a central location, yet peacefully tucked away from traffic and busy streets. Proximity to top-rated schools, including Willows, Monterey, and Oak Bay High. Move-in ready with brand-new flooring, and a modernized kitchen. Your pets will love the sunny, west-facing backyard, adjacent to Redfern Park. Previously (and easily) rented for $40,800 annually plus utilities, this is a great investment property with potential for redevelopment (high-value location + no easements or covenants). Move in before the holidays!
Data was last updated November 18, 2024 at 02:05 PM (UTC)
Area Statistics
Listings on market:
24
Avg list price:
$699,900
Min list price:
$369,980
Max list price:
$1,750,000
Avg days on market:
40
Min days on market:
3
Max days on market:
215
Avg price per sq.ft.:
$744.22
These statistics are generated based on the current listing's property type
and located in
Vi Jubilee. Average values are
derived using median calculations.