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1256 Walnut St
Victoria British Columbia V8T1N6 Canada

$799,999

Active Listing ID 1035022
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3 bed
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1,208 square feet
bath icon
1.00 Bath
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Single Family

$799,999

Active Listing ID 1035022
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1256 Walnut St Unlock the dual advantage: live, rent, and/or build. This solid 3-bed, 1-bath bungalow in Fernwood delivers a lovely home while positioning you for future redevelopment. Recent upgrades — 200-amp panel, vinyl windows, heat pump, gas fireplace — make it move in ready now. The detached workshop/garage (built 2011) adds flexibility for parking, storage, and more! Set on a large 6, 057 sq ft lot with generous frontage and multiple parking spots, this property is a diamond-in-the-rough for developers and priced well below assessed value. Whether you’re planning a renovation, infill home, or multifamily, you can hold and generate cash flow in the meantime. Nestled steps from Fernwood Square’s cafés, theatres, parks, and within minutes to downtown, this is rare strategic real estate — a value play today with significant upside for tomorrow. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Single Family
  • Features
  • Cooling System: Air Conditioned
  • Heating Systems: Heat Pump
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 5/7/2026 11:15:31 PM GMT
Source Updated Date: 5/10/2026 4:51:26 PM GMT

Courtesy of: Grant Walker, Personal Real Estate Corp, RE/MAX Camosun