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Listed price in listed location currency (CAD).
$1,050,000

636

MLS® 1026612

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2475 sqft
Garage 
Taxes $4,983
Days Active 45
Lot Size 
Approx. Age 1969
Avg. Price Per Sqft $424
MLS® Number 1026612

Property Address: 550 Phelps Ave, Victoria, BC, V9B3H7

Average square foot calculated using Size range provided by listing agent.

Description

Versatile income property in Thetis Heights with strong revenue potential. Configured with a 3-bed suite up, 2-bed plus office down, and additional studio-style space with kitchenette. Each living area includes in-suite laundry and its own heat pump for individual climate control. The upper suite offers open living with a spacious kitchen and island, while the lower level opens to a large patio and a wired gazebo with fan. Set on a large, flat lot with a fully fenced yard, and shed suitable for hobby use or storage. 200 amp electrical service in place. Gated parking for boats, RVs, trailers, work vehicles, and additional storage needs. Walking distance to Thetis Lake Regional Park with easy access to Hwy 1, shopping, schools, parks, and transit routes. Well suited for multi-tenant use with strong rental appeal and a practical layout that supports long-term value.
MLS® Number1026612
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age1969
BasementNone
DrivewayDriveway, On Street, RV Access/Parking
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 2, 2026List Date
$1,050,000List Price
  • Commute

Commute

Starting Address
Destination Address
550 Phelps Ave, Victoria, BC

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