Opportunity knocks! Set on an expansive, over 18,000 sq ft lot in a highly central location, this 1951-built home offers a rare chance to reimagine, renovate, or redevelop in an area known for its convenience and long-term upside. The home remains original inside, providing a true blank canvas. With four bedrooms and 2 baths, the existing layout offers flexibility for a future renovation or holding strategy. The real star here is the land. The generous lot size opens the door to creating the yard of your dreams, expanding the footprint, or exploring redevelopment potential under CVD-1 zoning (buyer to verify). Whether you’re a renovator looking for your next project, a builder seeking a prime site, or an investor focused on long-term value, this is a property that invites creativity and strategic thinking. Easy access to downtown, Uptown, Tillicum, parks, transit, and major commuter routes, this is a rare opportunity to secure a large parcel in a well-connected, evolving neighbourhood.
Listed by Royal LePage Coast Capital - Oak Bay and Royal LePage Coast Capital - Chatterton
Data was last updated January 29, 2026 at 06:05 PM (UTC)
Area Statistics
Listings on market:
22
Avg list price:
$529,500
Min list price:
$319,000
Max list price:
$1,650,000
Avg days on market:
72
Min days on market:
3
Max days on market:
281
Avg price per sq.ft.:
$603.62
These statistics are generated based on the current listing's property type
and located in
Vi Burnside. Average values are
derived using median calculations. This data is not produced by the MLS® system.