Property Type: Detached HouseOwnership: Freehold

1575 Burton Ave

Victoria, BC V8T2N3

$1,099,800

6 bed2 bath2 parking2,147 sqftBuilt 1968
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Property Details

Property & Lot

Sub-type
House
Lot size
5,008 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,767.38

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
Yes (2)

Parking

Total spaces
2 — covered indicated
Features
Carport

Room Dimensions

RoomLevelDimensions
Laundry roomLower level5' x 12'
BathroomLower level
BedroomLower level9' x 12'
BedroomLower level12' x 9'
BedroomLower level9' x 11'
KitchenLower level8' x 16'
EntranceLower level8' x 6'
Living roomLower level12' x 17'
BathroomMain level
BedroomMain level9' x 11'
Primary BedroomMain level13' x 11'
BedroomMain level9' x 9'
KitchenMain level9' x 12'
Dining roomMain level9' x 13'
Living roomMain level13' x 17'
EntranceMain level3' x 6'

Listing Information

MLS®
1043813
Listed
July 21, 2026
Time on market
On the market for 41 days
Data last synced
August 28, 2026

Listing provided by: Engel & Volkers Vancouver Island · Data source: CREA DDF.

Description

Unlock exceptional potential at 1575 Burton Ave, a versatile property on a flat 40' x 125' CORNER lot in a highly central, walkable Victoria neighbourhood. Featuring 6 beds, 2 baths, and 2 kitchens, this home offers a proven track record as a high-yield revenue property over the last few years or live upstairs with a 3 bed suite down. While it needs some updates to reach its full aesthetic potential, the home is absolutely livable as is, allowing you to collect immediate rental income while finalized plans are put in motion. For forward-thinking investors and builders, this corner lot is prime for multi-unit development under BC's Small-Scale Multi-Unit Housing (SSMUH) guidelines. Buyers are encouraged to verify specific development paths and zoning details directly with the City of Victoria. Located just steps from Hillside Shopping Centre, major transit routes, schools, and parks, this high-demand location is primed for development. Basement suite is FULLY LEGAL. (id:63159)

Values & Trends

This listing

$512/sqft

Building average

No other active listings in this building

Oaklands average

$765/sqft

8 active listing(s)

Parking: 2 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Mainly Clear

16°C

Mainly Clear

Humidity 73%

Wind S 6 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

91,867

(2021 Census)

+7.1% since 2016

Density: 4,723.2/km²

Dwellings: 53,070

Median household income: $67,500

After-tax: $60,000

Immigrant population: 20%

Top countries of origin (% of total population)

  • United Kingdom3.8% · 3,505
  • United States of America2.1% · 1,945
  • Philippines2% · 1,845
  • China1.2% · 1,110
  • India0.7% · 650
  • Germany0.6% · 590
  • Korea, South0.4% · 400
  • Netherlands0.3% · 315

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

56

7/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Oaklands ElementaryElementary674 m
Victoria School for Ideal Education(Independent)Elementary/Middle708 m
Lansdowne Middle SchoolMiddle836 m
Oak and Orca Bioregional School(Independent)K-12865 m
Artemis Place Secondary(Independent)Secondary1.0 km
VI School of Innovation and Inquiry(Independent)Elementary/Middle1.1 km
St. Michaels University School(Independent)K-121.1 km
Doncaster ElementaryElementary1.1 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Restaurants (5+)

  • Sarpino's Pizzeria · 3009 Gosworth Road280 m
  • Hiro Sushi Xpress379 m
  • Noodle Fans393 m
  • Sushi Island · 1633 Hillside Avenue505 m
  • East Garden Restaurant · 2888 Belmont Avenue533 m

Cafes (3)

  • Tim Hortons · 1644 Hillside Avenue393 m
  • Starbucks434 m
  • Tim Hortons604 m

Grocery (1)

  • Thrifty Foods · 1580 Hillside Avenue252 m

Parks (5+)

  • Clawthorpe Park · 1619 Clawthorpe Avenue154 m
  • Oswald Park · 3031 Cedar Hill Road340 m
  • Doncaster Greenway424 m
  • Wetherby Park · 3250 Wetherby Road477 m
  • Oaklands Green · 1515 Holly Street610 m

Shopping (4)

  • Canadian Tire · 1610 Hillside Avenue268 m
  • Hillside Centre · 1644 Hillside Avenue320 m
  • Walmart335 m
  • Marshalls · 1644 Hillside Avenue463 m

Pharmacies (2)

  • Shoppers Drug Mart471 m
  • Pharmasave · 1641 Hillside Avenue528 m

Banks & ATMs (3)

  • CIBC347 m
  • Scotiabank441 m
  • RBC Royal Bank472 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 7.7% ($84,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$879,840.00
Periodic payment — Principal & Interest (monthly)$5,676.43
Additional monthly expenses (strata, tax, utilities, etc.)$587.62
Total monthly cost$6,264.04
Interest paid over 5-yr term$252,164.67
Balance at end of term$791,418.93

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$84,980
Stress test qualifying rate8.09%
Payment you must qualify for$7,803.61

Cash Needed at Closing

Minimum down payment$84,980
Estimated BC PTT$19,996
Legal / closing costs (typical estimate)$1,500
Total cash needed$106,476

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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