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1256 Walnut St | $799,999 | MLS® 1035022
Colin Gareau PREC Agent Photo
Colin
Gareau PREC*
C. (250) 812-3451
 P. (250) 385-2033
 Phone Colin
Newport Realty Ltd.
1144 Fort St
 Victoria, BC
 Canada V8V 3K8
MLS® 1035022

Details

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Years



Address 1256 Walnut St
AreaVictoria
Sub AreaFernwood
State/ProvinceBritish Columbia
CountryCanada
Price$799,999
Property TypeSingle Family
Bedrooms3
Bathrooms1
Floor Space1208 Square Feet
Lot Size6057.00 Square Feet
WaterfrontNo
Year Built1938
Taxes $5,208
Tax Year2025
MLS® #1035022

Unlock the dual advantage: live, rent, and/or build. This solid 3-bed, 1-bath bungalow in Fernwood delivers a lovely home while positioning you for future redevelopment. Recent upgrades — 200-amp panel, vinyl windows, heat pump, gas fireplace — make it move in ready now. The detached workshop/garage (built 2011) adds flexibility for parking, storage, and more! Set on a large 6,057 sq ft lot with generous frontage and multiple parking spots, this property is a diamond-in-the-rough for developers and priced well below assessed value. Whether you’re planning a renovation, infill home, or multifamily, you can hold and generate cash flow in the meantime. Nestled steps from Fernwood Square’s cafés, theatres, parks, and within minutes to downtown, this is rare strategic real estate — a value play today with significant upside for tomorrow.

Listed by RE/MAX CAMOSUN

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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