Arun Rahul Group

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1533 Oakland Avenue, Victoria
1533 Oakland Avenue, Victoria
1533 Oakland Avenue, Victoria
1533 Oakland Avenue, Victoria
1533 Oakland Avenue, Victoria
+5 more

1533 Oakland Avenue, Victoria, British Columbia

$795,000
2
Beds
1.0
Baths
794
Square feet
0.1322
Acres

About 1533 Oakland Avenue

Prime Development Opportunity – Offered at Land Value! Ideally situated in a desirable neighbourhood, this approximately 5,800 sq. ft. flat, level lot presents an excellent opportunity for builders, developers, and investors. Surrounded by newer homes and conveniently located near UVIC, Camosun College, Hillside Mall, and major amenities. This is an opportunity to secure a property with significant redevelopment potential. Plans and permits for a duplex are in place. A demolition permit has been applied for, potentially helping streamline the development process. The existing dwelling is considered a teardown, making this an ideal opportunity to focus on the land and its future possibilities. Currently tenanted at $2,200/month, the property provides rental income while you plan your next steps. A rare opportunity to build in a prime location. Sold AS IS, WHERE IS. Buyers are to verify all permits, plans, measurements, development potential, and requirements to their own satisfaction. (id:66920)

Key Features

  • Curb & gutter
  • Electric
  • None
  • House
Shubham Nayyar
Shubham Nayyar
Real Estate Associate & Mortgage Broker, Partner & Director of Business Operations
Cell: +1 403-431-9005 VIEW REALTOR® PROFILE

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Estimated monthly payment
$3,718
/month · principal + interest

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Listing courtesy of Victoria Real Estate Board.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Data is deemed reliable but is not guaranteed accurate by CREA.
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