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REALTOR®, Cordova Bay Specialist

2 Bed Single Family Detached in Victoria West

$1,699,000

508 Selkirk Ave
MLS® NO: 906176

Description

Rare opportunity to own a large waterfront property just minutes to downtown Victoria! Coveted Gorge Waterway location where you can swim Victoria’s cleanest & warmest open water. The large 10,556 sq.ft.. property feels even larger due to adjoining buffers (a 7,841 sq.ft. owned by City of Victoria & a 4,000 sq.ft. conservation area). The property is located on a quiet street that connects to the Galloping Goose regional trail system at the Selkirk Trestle via a multiuse waterfront path through Banfield Park (a 16 acre city park). This enables you to live in a quiet residential neighbourhood and still be able to cycle on bike paths to downtown, Mayfair or Uptown Malls in less than ten minutes. This vibrant community offers many local amenities all within short walking distance. The house was built in 1938 and has had several renovations over the years. The latest renovation was intended as a redevelopment to create approximately 3500 sq.ft. on three levels. The renovation was initiated but is now on hold and the house/project is being sold as is. The house would be perfect for those who love the challenge and rewards of renovating old homes. A lot of the demolition/preparation work is complete, including new footings and foundations and perimeter drains. The project is ready for it’s new owner to start rebuilding or build a new home. The water side of the house faces north/east and the decks and patios on all three levels get brilliant views and sunlight as the house steps back to the south. Once in a lifetime opportunity to build your dream home! Down: Approx1370 sq.ft., provide 8' walk out doors on the entire water side. Main: Approx 1250 sq.ft. w/200 sq.ft. deck. It is 2 bedrooms & 1 bathroom configuration with a third bedroom partially completed. Level 2 has been rented out until very recently. Up: Approx 900 sq.ft. w/ 200 sq.ft.. deck, comprised of 2 undeveloped attics that were going to be joined to create a rental suite or additional bedrooms.

General

Property Type:Single Family Detached
Title of Ownership:Lot 1 Section 10 District Lot 159 Esquimalt District Plan VIP62198 Except part in Plan VIP74351
Layout:Main Level Entry with Lower/Upper Lvl(s)
Taxes:$5,398
Tax Year:2021
Finished Sq. Ft.:1,250
Unfinished Sq. Ft.:2,670
Year Built:1938

Building Details

Foundation: Poured Concrete
Roof: Asphalt Shingle, Asphalt Torch On
Heat/Air: Electric

Site Influences

Lot SqFt: 10,556
Acres: 0.24
Lot Shape: 58x182
Water: Municipal
Waste: Sewer Connected
Zoning: SFD
Parking: Driveway
Lot Features: Central Location, Easy Access, Family-Oriented Neighbourhood, Marina Nearby, Near Golf Course, Quiet Area, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Walk on Waterfront

Room Dimensions

Main

Bedroom17x12

Unfinished

Deck19x13
Porch10x7

Property Details

Beds: 2
Baths: 1
Sq. Feet: 1,250
Year Built: 1938
Property Type: Single Family Detached
Municipality: Victoria West

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Listed with:

Adrien Bachand
Pemberton Holmes - Cloverdale