A cute home and a great investment! BC Assessment values just the land alone at over $1M. Most of the equity is in the land and the location but this property still features a charming, low-maintenance, single-level detached home—perfect as a condo alternative. Conveniently located on the Oak Bay border, it offers walkable access to groceries, banks, coffee shops, a recreation center, Royal Jubilee Hospital, Oak Bay Village, and Willows Beach. Enjoy the best of both worlds: a central location, yet peacefully tucked away from traffic and busy streets. Proximity to top-rated schools, including Willows, Monterey, and Oak Bay High. Move-in ready with brand-new flooring, and a modernized kitchen. Your pets will love the sunny, west-facing backyard, adjacent to Redfern Park. Previously (and easily) rented for $40,800 annually plus utilities, this is a great investment property with potential for redevelopment (high-value location + no easements or covenants). Move in before the holidays!
Listed by Alexandrite Real Estate Ltd., sold on December, 2024
Data was last updated August 14, 2025 at 04:05 AM (UTC)
Area Statistics
Listings on market:
31
Avg list price:
$629,900
Min list price:
$369,980
Max list price:
$2,195,000
Avg days on market:
35
Min days on market:
6
Max days on market:
121
Avg price per sq.ft.:
$611.14
These statistics are generated based on the current listing's property type
and located in
Vi Jubilee. Average values are
derived using median calculations. This data is not produced by the MLS® system.