Key Facts
- Listed By:
- RE/MAX Camosun
Property Description
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.
Rooms
- TypeLevelDimensionsFlooring
- Living roomMain11' x 14'Other
- Breakfast NookMain8' x 10'Other
- Primary bedroomMain12' x 15'Other
- OtherMain12' x 5'Other
- OtherOther24' x 14'Other
- Dining roomMain12' x 13'Other
- BedroomMain9' x 11'Other
- BasementLower24' x 15'Other
- BedroomMain12' x 11'Other
- KitchenMain9' x 10'Other
- EntranceMain5' x 4'Other
- StorageOther8' x 8'Other
- BasementLower12' x 25'Other
Listing Agents
Request More Information
Request More Information
Location
1256 Walnut St, Victoria, British Columbia, V8T 1N6 Canada
Around this property
Information about the area within a 5-minute walk of this property.
Request Neighbourhood Information
Learn more about the neighbourhood and amenities around this home
Request NowPayment Calculator
- $
- %$
- %
- Principal and Interest 0
- Property Taxes 0
- Strata / Condo Fees 0


MLS® property information is provided under copyright© by the Victoria and Vancouver Island Real Estate Board.