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Property Details
MLS #:
1026612
Listing Date:
Listed Today!
Title:
Built in:
1969
Listing Price:
$1,050.00k
Details:
5 Bed s3 Bath s2 Kitchens 6 Parking
Finished Size:
2475 ft2
Lot Size :
8712 ft2
Address:
550 Phelps Ave, Langford,Thetis Heights Check Map
Assessment:
$1,011.00k(2026)
Property Tax:
$4983 (2025)
Remarks:
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.
Interior Features:
Flrs/W-W Carpet Winding Staircase Vinyl
Heating:
Heat Pump Wood Stove Air Conditioning
Construction Feature:
Stucco & Siding Slab
Face:
SE
Listing Courtesy of Pemberton Holmes Ltd. - Oak Bay

Need more info? Such as its detailed floor plans, title, disclosure statement, zoing restrictions, survey, etc.Please contact Bill Liu directly and he will send you all available info.
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Bill Liu
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Office: 805 Cloverdale Ave #150, Victoria, BC V8X 2S9

Pemberton Holmes
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