3 Bed Single Family Detached in View Royal

$1,199,000

164 Island Hwy
MLS® NO: 997099

Description

Welcome to your private urban retreat nestled on an expansive 17,000+ sq.ft. park-like lot, this charming 3-bedroom, 1-bathroom home offers rare privacy and space—right in the heart of the city. Tucked away from the road, enjoy sun-drenched afternoons on the 14' x 23' patio, or explore the potential of the unfinished 700+ sq.ft. basement and detached garage/workshop. This property is more than just a home—it’s an investment in the future. With the upcoming OCP revisions and opportunities through the SSMUH (Small-Scale Multi-Unit Housing) initiative, this lot is well-positioned for higher-density redevelopment. The location is unbeatable: walk to Thetis Lake, Portage Park, and Thetis Cove Waterfront, or take advantage of nearby shopping, transit, VGH, beaches, and scenic walking trails. Whether you're looking to enjoy the serenity now or unlock the development potential later, this is a rare opportunity you won’t want to miss.

General

Property Type:Single Family Detached
Title of Ownership:LOT 2, PLAN VIP11207, SECTION 3, ESQUIMALT LAND DISTRICT
Layout:Main Level Entry with Lower Level(s)
Taxes:$3,366
Tax Year:2024
Finished Sq. Ft.:1,148
Unfinished Sq. Ft.:723
Year Built:1960

Interior Details

Bedroom(s): 3
Bathroom(s): 1
Basement Type: Full, Partially Finished
Basement Description: 1
Interior Features: Storage, Workshop
Appliances Included: F/S/W/D

Building Details

Foundation: Poured Concrete
Roof: Fibreglass Shingle
Heat/Air: Forced Air, Oil

Site Influences

Lot SqFt: 17,424
Acres: 0.40
Water: Municipal
Waste: Sewer Connected
Parking: Garage, RV Access/Parking
Lot Features: Central Location, Easy Access, Family-Oriented Neighbourhood, Park Setting, Recreation Nearby, Shopping Nearby

Strata Lot Information

Rental Restrictions: Unrestricted

Room Dimensions

Lower Level

Bedroom16x11

Main Level

Bathroom4-Piece
Bedroom11x11
Bedroom - Primary12x11
Entrance5x5
Kitchen15x11
Living Room20x12

Unfinished

Laundry18x10
Other19x13
Other8x14
Other8x9
Garage18x18
Patio14x23

Property Details

Beds: 3
Baths: 1
Sq. Feet: 1,148
Year Built: 1960
Property Type: Single Family Detached
Municipality: View Royal

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Listed with:

Thomas Kala
eXp Realty
Phone: 778-404-7668

Courtney Kala
eXp Realty
Phone: 1-250-588-0336

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.