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.
Address
1575 Burton Ave
List Price
$1,099,800
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
Sale
Area
Victoria
Sub-Area
Vi Oaklands
Bedrooms
6
Bathrooms
2
Floor Area
2,147 Sq. Ft.
Lot Size
5008 Sq. Ft.
Lot Size (Acres)
0.11 Ac.
Year Built
1968
MLS® Number
1039215
Listing Brokerage
Engel & Volkers Vancouver Island
Basement Area
Finished, Walk-Out Access, With Windows
Postal Code
V8T 2N3
Tax Amount
$5,108.31
Tax Year
2025
Features
Baseboard, Carpet, Electric
Amenities
Curb & Gutter
