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2550/2552 Belmont Ave
Vi Oaklands Victoria V8R 4A4

$1,250,000
Residential beds: 4 baths: 2.0 1,682 sq. ft. built: 1955

Main Photo: 2550/2552 Belmont Ave in Victoria: Vi Oaklands Full Duplex for sale : MLS®# 1037558
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Status:
Active
Prop. Type:
Residential
MLS® Num:
1037558
Bedrooms:
4
Bathrooms:
2
Year Built:
1955
Welcome home to 2550 Belmont Avenue, a rare investor and developer opportunity in the heart of Oaklands. This solid 1955 side-by-side duplex offers two self-contained 2 bedroom, 1 bathroom homes of 841 square feet each - one tenanted for immediate income, one vacant for your plans. The real value is in the land: a double-wide lot with the potential to subdivide into two standard lots or redevelop to a 6-plex with city approval. Nestled in one of Victoria's most connected neighbourhoods, you are minutes from downtown, cycling routes, local cafes, schools, parks, plus transit at your doorstep. Hold, earn, and build your vision in a market where well-located land is increasingly scarce. Opportunities like this are rare - contact us today to book your private showing.
Property Type:
Residential
Type:
Full Duplex
Year built:
1955 (Age: 71)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
1,682 sq. ft.
Listing General Location:
Vi Oaklands, Victoria
Bedrooms:
4
Bathrooms:
2.0 (Full:-/Half:-)
Lot Size:
11,000 sq. ft.
Kitchens:
2
Taxes:
Construction:
Frame Wood, Stucco
New Construction:
No
Basement:
Crawl Space
Foundation:
Concrete Perimeter
Roof:
Asphalt Shingle
Ceiling Heights:
Total Building Area:
2,234 sq. ft.
Total Unfinished Area:
552 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
4
# Main Level Bedrooms:
2
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
2
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
1
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
1
Living Area Lower Floor:
0 sq. ft.
Living Area Main Floor:
841 sq. ft.
Living Area Other Floor:
841 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
0
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Other
Other
Other
Other
Other
Other
Other
Other
Floor
Ensuite
Pieces
Other
Main Floor
Other
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Victoria
Legal Description:
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
2
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Occupancy:
Partially Occupied
Property Condition:
Resale
Exposure / Faces:
East
Layout:
Duplex Side/Side
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Driveway
Total Parking Spaces:
4
Total Units:
Date Listed:
May 21, 2026
Original Price:
1250000.0
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Listed by Macdonald Realty Victoria
Data was last updated May 22, 2026 at 07:30 AM (UTC)
Area Statistics
Listings on market:
47
Avg list price:
$865,000
Min list price:
$369,900
Max list price:
$1,999,900
Avg days on market:
36
Min days on market:
1
Max days on market:
171
Avg price per sq.ft.:
$584.58
These statistics are generated based on the current listing's property type and located in Vi Oaklands. Average values are derived using median calculations. This data is not produced by the MLS® system.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.