Unlock exceptional potential at 1575 Burton Ave, a versatile property on a flat 40' x 125' CORNER lot in a highly central, walkable Victoria neighbourhood. Featuring 6 beds, 2 baths, and 2 kitchens, this home offers a proven track record as a high-yield revenue property over the last few years or live upstairs with a 3 bed suite down. While it needs some updates to reach its full aesthetic potential, the home is absolutely livable as is, allowing you to collect immediate rental income while finalized plans are put in motion. For forward-thinking investors and builders, this corner lot is prime for multi-unit development under BC's Small-Scale Multi-Unit Housing (SSMUH) guidelines. Buyers are encouraged to verify specific development paths and zoning details directly with the City of Victoria. Located just steps from Hillside Shopping Centre, major transit routes, schools, and parks, this high-demand location is primed for development. Basement suite is FULLY LEGAL.
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Zillow last checked:
Listing updated:
Listed by:
Mitch Mcmichael Personal Real Estate Corporation,
Engel & Volkers Vancouver Island,
Lewis Ratcliff Personal Real Estate Corporation,
Engel & Volkers Vancouver Island
Source: VIVA,MLS®#: 1043813
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 2
Main level bathrooms: 1
Main level bedrooms: 3
Kitchen
Level: Main,Lower
Heating
Baseboard, Electric
Cooling
None
Appliances
Laundry: Common Area
Features
Flooring: Carpet
Basement: Finished,Walk-Out Access,With Windows
Number of fireplaces: 2
Fireplace features: Family Room, Living Room
Interior area
Total structure area: 2,839
Total interior livable area: 2,147 sqft
Property
Parking
Total spaces: 2
Parking features: Carport
Carport spaces: 1
Features
Levels: 3
Entry location: Main Level
Lot
Size: 4,791 Square Feet
Features: Curb & Gutter
Details
Parcel number: 007660367
Zoning description: Residential
Construction
Type & style
Home type: SingleFamily
Property subtype: Single Family Residence
Materials
Insulation: Ceiling, Insulation: Walls, Stucco
Foundation: Concrete Perimeter
Roof: Asphalt Shingle
Condition
Resale
New construction: No
Year built: 1968
Utilities & green energy
Water: Municipal
Utilities for property: Sewer Connected
Community & HOA
Location
Region: Victoria
Financial & listing details
Price per square foot: C$512/sqft
Tax assessed value: C$1,008,000
Annual tax amount: C$5,767
Date on market: 7/21/2026
Ownership: Freehold
Mitch Mcmichael Personal Real Estate Corporation
Mitch Mcmichael Personal Real Estate Corporation
(778) 678-3206
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