This charming University District residence offers a rare blend of vintage character, modern comfort, and exceptional investment opportunity—perfect for first-time home buyers, or long-term rental income. Move-in ready with quick possession available, this property delivers both immediate livability and exciting future value. Set on a nearly 9,000 sqft flat lot with COR1 zoning, the home supports residential, medium-density, or office development (buyer to verify). Inside, you’ll find just over 1,300 finished sqft of inviting living space. The main floor features two bright bedrooms, a full bathroom, a cozy living room, and an updated kitchen filled with natural light. Classic 1950s details—coved ceilings, crown mouldings, and warm character accents—add timeless appeal. The lower level extends flexibility with a spacious third bedroom or office and a newer, spa-inspired bathroom—ideal for guests, students, or extended family. A 447 sqft partially finished basement with separate access offers even more potential: additional living area or workshop. Recent upgrades include vinyl windows, a high-efficiency gas furnace (2022), fencing (2025) hot water tank (2025), and dishwasher (2025)—ensuring comfort and peace of mind. Outdoors, the west-facing yard captures beautiful Mount Benson views, creating a peaceful space for gardening, gatherings, or relaxation. Alley access opens possibilities for off-street parking, carriage home, or garden suite development. With Vancouver Island University, schools, parks, transit, and amenities just minutes away, this location is ideal for student housing or long-term tenants. Whether you're planting roots or planning ahead, this home offers character, convenience, and outstanding opportunity. Versatile. Investable. Ready to welcome you home. (id:57571)
| MLS® Number | 1010531 |
| Property Type | Single Family |
| Neigbourhood | University District |
| Features | Central Location, Level Lot, Southern Exposure, Other, Rectangular |
| Parking Space Total | 2 |
| Plan | Vip8240 |
| View Type | Mountain View |
| Bathroom Total | 2 |
| Bedrooms Total | 3 |
| Constructed Date | 1950 |
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1700 Sqft |
| Total Finished Area | 1336.61 Sqft |
| Type | House |
| Access Type | Road Access |
| Acreage | No |
| Size Irregular | 8976 |
| Size Total | 8976 Sqft |
| Size Total Text | 8976 Sqft |
| Zoning Description | Cor 1 |
| Zoning Type | Residential |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Bathroom | 4-Piece | ||
| Lower Level | Utility Room | 7 ft | Measurements not available x 7 ft | |
| Lower Level | Storage | 13 ft | 13 ft x Measurements not available | |
| Lower Level | Laundry Room | 4'4 x 9'5 | ||
| Lower Level | Bedroom | 9'10 x 20'2 | ||
| Main Level | Bathroom | 4-Piece | ||
| Main Level | Bedroom | 9' x 10' | ||
| Main Level | Primary Bedroom | 13 ft | Measurements not available x 13 ft | |
| Main Level | Kitchen | 13' x 18' | ||
| Main Level | Living Room | 16'3 x 17'5 | ||
| Main Level | Porch | 8'7 x 10'8 |
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Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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