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2857 Shelbourne St
Victoria British Columbia V8N6K4 Canada

$988,000

Active Listing ID 1043630
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4 bed
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1,297 square feet
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2.00 Bath
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Single Family

$988,000

Active Listing ID 1043630
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2857 Shelbourne St Exceptional opportunity for homeowners, investors, and developers alike! Situated on a generous 65' x 106' lot in a prime central Victoria 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 well-maintained home features a bright upper level plus a self-contained two-bedroom basement suite currently generating $2, 000/month in rental income. It's an ideal setup for first-time buyers seeking additional income, investors looking for strong cash flow, or those planning for future redevelopment. Conveniently located just minutes from downtown Victoria, Hillside Shopping Centre, Camosun College, Cedar Hill Golf Course, parks, schools, transit, and a wide variety of everyday amenities. Properties offering this combination of redevelopment potential, rental income, and a sought-after location are increasingly rare. Don't miss this exceptional opportunity! (id:203)

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Property Features

  • Facts
  • Property Sub-type: Single Family
  • Features
  • Cooling System: None
  • Heating Systems: Baseboard heaters, Electric
  • Additional Features
  • Basement
Listing Changed: 7/19/2026 5:20:00 AM GMT
Source Updated Date: 7/24/2026 4:49:22 AM GMT

Courtesy of: Tony Wang, Personal Real Estate Corp, Team 3000 Realty Ltd