164 Island Hwy | $1,199,000
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Island Realm Real Estate
502a Pembroke St
Victoria, BC
Canada V8Z 4H7

Details

%
Years (35 year max)
Years



Address 164 Island Hwy
AreaView Royal
Sub AreaView Royal
State/ProvinceBritish Columbia
CountryCanada
Price$1,199,000
Property TypeSingle Family
Bedrooms3
Bathrooms1
Floor Space1148 Square Feet
Lot Size17424.00 Square Feet
WaterfrontNo
Year Built1960
Taxes $3,365
Tax Year2024
MLS® #997099

Welcome to your private urban retreat nestled on an expansive 17,000+ sq.ft. park-like lot, this charming 3-bedroom, 1-bathroom home offers rare privacy and space—right in the heart of the city. Tucked away from the road, enjoy sun-drenched afternoons on the 14' x 23' patio, or explore the potential of the unfinished 700+ sq.ft. basement and detached garage/workshop. This property is more than just a home—it’s an investment in the future. With the upcoming OCP revisions and opportunities through the SSMUH (Small-Scale Multi-Unit Housing) initiative, this lot is well-positioned for higher-density redevelopment. The location is unbeatable: walk to Thetis Lake, Portage Park, and Thetis Cove Waterfront, or take advantage of nearby shopping, transit, VGH, beaches, and scenic walking trails. Whether you're looking to enjoy the serenity now or unlock the development potential later, this is a rare opportunity you won’t want to miss.


Listed by EXP REALTY


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