Residential Property in Victoria

Description

Exceptional land-value opportunity in a prime central Victoria location. Offered as is, where is, this 6,411 sq ft lot (approx. 49.7 ft x 129 ft) is ideally positioned near the top of Avebury Avenue close to Ryan Street in the desirable Oaklands neighbourhood. The existing 2 bedroom rancher requires significant updating and is best suited for buyers looking to redevelop, build new, or secure a well-located property for future plans. Zoned GRD-1 (Residential Infill Area), this property may offer exciting potential for increased housing options, redevelopment, or custom new construction (buyers to verify all development possibilities, zoning uses, and building requirements with the City of Victoria). A rare chance for builders, investors, or end users to unlock value in a sought-after residential area. Quiet, established neighbourhood with excellent walkability and everyday convenience. Just minutes to Oaklands Elementary, Hillside Shopping Centre, Royal Jubilee Hospital, and the vibrant shops, cafés, and community feel of Fernwood Village. Easy access to Camosun College, the University of Victoria, transit routes, parks, bike corridors, and Downtown Victoria. Lots of this size and location, with favourable dimensions and strong future potential, are increasingly hard to find. Whether you are a builder seeking your next project, an investor looking for long-term upside, or a buyer with a vision to create a custom home in a central neighbourhood, this property deserves your attention. Rare opportunity to secure a centrally located lot in one of Victoria’s most convenient and evolving communities.

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