For Sale: 2857 Shelbourne Street, Victoria, BC - REW
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$988,000
4 bd • 2 ba • 1297 sf • House
2857 Shelbourne Street
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$988,000
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2857 Shelbourne StreetVictoria, BC, V8N 6K4

Oaklands
  • 4 Bed
  • 2 Bath
  • 1297 Sqft
  • House

About this home

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!
Listed by: Tony Wang PREC*, Team 3000 Realty Ltd

Home facts and features

Price details
List Price
$988,000
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Gross Taxes for 2026
$4,628
Home facts
Bedrooms
4
Full Bathrooms
2
Parking Spaces
1
Parking Details
Driveway, On Street
Property Type
House
Lot Size
6890 ft²
Frontage
65 feet
Year Built
Built in 1929 (97 yrs old)
Title
Freehold
Style
Main Level Entry with Lower Level(s)
Exterior Finish
Stucco,Wood
Heating Type
Baseboard, Electric
Basement Details
Finished
Features
Rectangular Lot
Community
Agent details
Primary Agent
Primary Broker
Team 3000 Realty Ltd
Listing details
Days on REW
6 Days
Property Views
72
MLS® Number
1043630
Source
Victoria and Vancouver Island MLS
Board
Victoria Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Property Insights

Oaklands Elementary School
  • Public
  • K - 5
  • In Catchment
Victoria High School
  • Public
  • 9 - 12
  • In Catchment
Victoria School for Ideal Education
  • Independent
  • K - 9
Artemis Place Secondary School
  • Independent
  • 10 - 12
St Patrick's School
  • Catholic
  • JK - 8
St Patrick's School
  • Independent
  • K - 7
St Michaels University School
  • Independent
  • 6 - 12
Oak and Orca Bioregional School
  • Independent
  • K
Elizabeth Buckley School
  • Independent
  • K - 8
Central Middle School
  • Public
  • 6 - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Tony Wang PREC*
Phone:
(250) 479-3333
Cell:
250-580-8669
Office:
778-297-3000
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This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.