Description
Attention investors & developers. Corner lot in sought after Fernwood, this charming two bedroom home offers exceptional redevelopment potential in one of Victoria's most desirable growth areas. Current R1B zoning allows subdivision, strata development, or a mixed commercial & residential project (buyers to verify w/ City of Victoria). Main level features a bright layout w/ two spacious bedrooms, generous kitchen, & cozy living room w/ gas fireplace and decommissioned wood fireplace. Large deck overlooks landscaped backyard w/ private hot tub, mature trees & flower gardens.
Full height unfinished basement w/ laundry offers storage or future development potential. Updates include hot water on demand, efficient heat pump, updated perimeter drains, upgraded copper plumbing, improved wall insulation, & LED pot lighting. Solid walnut, mahogany & red oak hardwood flooring, plus quality pine & oak cabinetry. A rare opportunity in one of Victoria's most vibrant, evolving neighborhoods.
Property Details
| Property Type | Residential |
| Property Sub Type | Single Family Detached |
| Listing ID | 1044018 |
| Status | Active |
| City | Victoria |
| Area | Victoria |
| Sub-Area | Vi Fernwood |
| Postal Code | V8R 2J8 |
| Property Taxes | $5,394.09 (2026) |
| Parking Total | 4 |
| Zoning | R1-B |
| Facing | North |
| Water | Municipal |
| Sewer | Sewer Connected |
| Heating | Forced Air,Heat Pump,Natural Gas |
| Cooling | Air Conditioning |
| Fireplaces | 2 |
| Fireplace Type | Gas,Living Room,Wood Burning |
| Appliances | Dishwasher,Dryer,Hot Tub,Oven/Range Gas,Range Hood,Refrigerator,Washer |
| Exterior Features | Balcony/Deck,Balcony/Patio,Fencing: Partial,Garden |
| Construction | Frame Wood,Glass,Shingle-Other,Vinyl Siding,Wood,Other |
| Roof | Fibreglass Shingle |
| Foundation | Poured Concrete |
| Basement | Full,Unfinished,Walk-Out Access |
| Laundry | In House |
| Listed Date | Jul 23, 2026 |
| Ownership | Freehold |
| Lot Size | 0.13 acres |
Rooms
| Room | Level | Dimensions | Description |
|---|---|---|---|
| Balcony | Main level | 7 ft x 7 ft | |
| Bathroom | Main level | 3-Piece | |
| Bedroom | Main level | 11 ft x 11 ft | |
| Kitchen | Main level | 11 ft x 15 ft | |
| Living room | Main level | 11 ft x 14 ft | |
| Porch | Main level | 11 ft x 6 ft | |
| Primary Bedroom | Main level | 13 ft x 10 ft |
Building Details
Parking
| Type | Spaces |
|---|---|
| Street |
Additional Information
| Features | Central location, Other, Rectangular |
| Land Size | 5477 sqft |
| Land Access | Road access |
| Building Type | House |
| Interior Size | 935 sqft |
| Transaction | For sale |