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2857 Shelbourne St
Vi Oaklands Victoria V8N 6K4

$988,000
Residential beds: 4 baths: 2.0 1,297 sq. ft. built: 1929

Main Photo: 2857 Shelbourne St in Victoria: Vi Oaklands Single Family Residence for sale : MLS®# 1043630
Photo 1: 2857 Shelbourne St in Victoria: Vi Oaklands Single Family Residence for sale : MLS®# 1043630
Photo 2: 2857 Shelbourne St in Victoria: Vi Oaklands Single Family Residence for sale : MLS®# 1043630
Photo 3: 2857 Shelbourne St in Victoria: Vi Oaklands Single Family Residence for sale : MLS®# 1043630
Photo 4: 2857 Shelbourne St in Victoria: Vi Oaklands Single Family Residence for sale : MLS®# 1043630
Photo 5: 2857 Shelbourne St in Victoria: Vi Oaklands Single Family Residence for sale : MLS®# 1043630
Photo 6: 2857 Shelbourne St in Victoria: Vi Oaklands Single Family Residence for sale : MLS®# 1043630
Photo 7: 2857 Shelbourne St in Victoria: Vi Oaklands Single Family Residence for sale : MLS®# 1043630
Photo 8: 2857 Shelbourne St in Victoria: Vi Oaklands Single Family Residence for sale : MLS®# 1043630
Photo 9: 2857 Shelbourne St in Victoria: Vi Oaklands Single Family Residence for sale : MLS®# 1043630
Photo 10: 2857 Shelbourne St in Victoria: Vi Oaklands Single Family Residence for sale : MLS®# 1043630
Photo 11: 2857 Shelbourne St in Victoria: Vi Oaklands Single Family Residence for sale : MLS®# 1043630
Photo 12: 2857 Shelbourne St in Victoria: Vi Oaklands Single Family Residence for sale : MLS®# 1043630
Photo 13: 2857 Shelbourne St in Victoria: Vi Oaklands Single Family Residence for sale : MLS®# 1043630
Photo 14: 2857 Shelbourne St in Victoria: Vi Oaklands Single Family Residence for sale : MLS®# 1043630
Photo 15: 2857 Shelbourne St in Victoria: Vi Oaklands Single Family Residence for sale : MLS®# 1043630
Photo 16: 2857 Shelbourne St in Victoria: Vi Oaklands Single Family Residence for sale : MLS®# 1043630
Photo 17: 2857 Shelbourne St in Victoria: Vi Oaklands Single Family Residence for sale : MLS®# 1043630
Photo 18: 2857 Shelbourne St in Victoria: Vi Oaklands Single Family Residence for sale : MLS®# 1043630
Photo 19: 2857 Shelbourne St in Victoria: Vi Oaklands Single Family Residence for sale : MLS®# 1043630
Status:
Active
Prop. Type:
Residential
MLS® Num:
1043630
Bedrooms:
4
Bathrooms:
2
Year Built:
1929
Exceptional opportunity for homeowners, investors, and developers alike! Situated on a generous 65 x 106 lot in a prime central 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 home features a bright upper level + self-contained two-bedroom basement suite that currently generates 2000/m in rental income. It's an ideal setup for first-time buyers seeking addl income, investors looking for strong cash flow, or those planning for future redevelopment. Just minutes from downtown Victoria, Hillside Shopping Centre, Camosun College, Cedar Hill Golf, parks, schools, transit, and a wide variety of amenities. Properties offering this combination of redevelopment potential, rental income, and a sought-after location are increasingly rare.Don't miss this exceptional opportunity!
Property Type:
Residential
Type:
Single Family Residence
Year built:
1929 (Age: 97)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
1,297 sq. ft.
Listing General Location:
Vi Oaklands, Victoria
Bedrooms:
4
Bathrooms:
2.0 (Full:-/Half:-)
Lot Size:
6,890 sq. ft.
Lot Details:
65 ft wide x 106 ft deep
Kitchens:
2
Taxes:
Construction:
Stucco, Wood
New Construction:
No
Basement:
Finished
Foundation:
Concrete Perimeter
Roof:
Asphalt Shingle
Levels:
2
Ceiling Heights:
Total Building Area:
1,297 sq. ft.
Total Unfinished Area:
0 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
4
# Main Level Bedrooms:
2
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
2
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
1
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
1
# Other Level Kitchens:
0
Living Area Lower Floor:
652 sq. ft.
Living Area Main Floor:
645 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
0
Laundry Features:
Common Area
Water supply:
Municipal
Sewer:
Sewer To Lot
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
Lower Level
Lower Level
Lower Level
Other
Floor
Ensuite
Pieces
Other
Main Floor
Lower Level
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:
Zoning:
res
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
1
Number of 4 piece baths:
1
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:
Tenant
Property Condition:
Resale
Exposure / Faces:
West
Layout:
Main Level Entry with Lower Level(s)
Lot Site Features:
Rectangular Lot
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Driveway, On Street
Total Parking Spaces:
1
Common Parking Spaces:
0
Total Units:
Date Listed:
Jul 18, 2026
Original Price:
988000.0
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Listed by Team 3000 Realty Ltd
Data was last updated July 19, 2026 at 10:05 PM (UTC)
Area Statistics
Listings on market:
43
Avg list price:
$849,000
Min list price:
$334,900
Max list price:
$1,999,900
Avg days on market:
54
Min days on market:
3
Max days on market:
229
Avg price per sq.ft.:
$574.84
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.