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550 Phelps Ave | $1,050,000 | MLS® 1026612
Megan O'Leary Agent Photo
Megan
O'Leary
C. (250) 891-5667
 P. (250) 385-2033
 Phone Megan www.meganolearyrealestate.com
Newport Realty Ltd.
1144 Fort St
 Victoria, BC
 Canada V8V 3K8
MLS® 1026612

Details

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Years



Address 550 Phelps Ave
AreaLangford
Sub AreaThetis Heights
State/ProvinceBritish Columbia
CountryCanada
Price$1,050,000
Property TypeSingle Family
Bedrooms6
Bathrooms3
Floor Space2475 Square Feet
Lot Size8712.00 Square Feet
WaterfrontNo
Year Built1969
Taxes $4,983
Tax Year2025
MLS® #1026612

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, dog kennel, 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.

Listed by Pemberton Holmes - Oak Bay

NOTE: MLS® property information is provided under copyright © by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. The website must only be used by consumers for the purpose of locating and purchasing real estate.

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