Uncover the potential of this rare real estate gem! Welcome to 525 Sumas St - a property with boundless possibilities that is for sale based on land value. This property, while currently a tear-down due to a past fire, presents an incredible opportunity for those with vision and ambition. Located in a prime area of Victoria, this diamond in the rough is waiting to be built into your dream home or investment project. This property is conveniently located near Mayfair Shopping Centre, Uptown Mall, just 5-8 minutes from downtown Victoria and across from Sumas Park. Whether you're looking for shopping, dining, or entertainment, you'll find it all within easy reach. Commuting is a breeze with nearby bus routes that provide convenient access to downtown Victoria and the University of Victoria (UVic). The central location ensures you're never far from the city's vibrant culture and amenities. Zoning is for a single family house with a secondary suite. Book your private tour today!
Data was last updated September 27, 2023 at 08:05 AM (UTC)
Area Statistics
Listings on market:
32
Avg list price:
$619,000
Min list price:
$365,000
Max list price:
$2,100,000
Avg days on market:
43
Min days on market:
1
Max days on market:
547
Avg price per sq.ft.:
$650.08
These statistics are generated based on the current listing's property type
and located in
Vi Burnside. Average values are
derived using median calculations.