ATTENTION: First-Time Buyers, Developers/Builders. This terrific property in the highly sought-after Oaklands neighbourhood sits on a CORNER LOT and backs onto an ALLEY. Possible SSMUH (Small Scale Multi-Unit Housing) initiative (Up to 6 units) or move into the existing home and build a GARDEN HOME after necessary City approvals. The existing home features a detached garage/workshop with an attached studio/storage space, a separate carport with ample additional parking, and a woodshed. The home needs TLC, but is a solid 1947 build with newer windows, some doors, and roof. Walk to HILLSIDE SHOPPING CENTER, CEDAR HILL GOLF COURSE and REC CENTER, public transit, and all amenities. Exceptional opportunity with excellent potential, at a great price. Call Now!
Property details
2
Beds
1 full
Baths
807 ft²
Floor area
6,168 ft²
Lot size
1947
Year built
4
Parking
$4,613/yr
Gross tax
Location & structure
Single Family
Type
1
Fireplace
Oaklands
Area
Listed
June 27, 2026
Structure
House
PID
003-409-848
Property highlights
Golf course
Features & inclusions
Appliances
Washer, Refrigerator, Range - Electric, Dryer
Heating
Baseboard heaters
Cooling
None
Lot
Corner Site
Additional details
Common interest
Freehold
Listed by Pemberton Holmes Ltd.. Last updated Jun 27, 2026, 7:45 AM.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $160,000 down (20%) on $800,000, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
Inventory mix
What this area trades in
Within 3 km of this listing · 597 listings
Condo / Apartment
335
56.1%
Detached
160
26.8%
Townhouse
72
12.1%
Land
11
1.8%
Duplex
9
1.5%
Other
10
1.7%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Source: CMHC supply spring 2026
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · Victoria · 275 dwellings
Single-detached115 · 41.8%
Apartment in duplex85 · 30.9%
Low-rise apartment35 · 12.7%
Row house25 · 9.1%
Semi-detached10 · 3.6%
Other single-attached5 · 1.8%
Source: Statistics Canada · 2021 Census of Population
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59170131· Victoria· 0.16 km²
Median rent here
$1,360
Owner shelter cost
$1,460
Renters
38.6%
30%+ on shelter
17.9%
Population (2021)
650
Median age
38.0
Avg household size
2.4
Avg household income
$102,000
Renters
38.6%
Owners
59.6%
Immigrants
21.1%
Post-secondary
60.5%
Avg home value
$870,000
Single status
36.3%
Not in labour force
25.0%
Households with kids
30.9%
Median rent
$1,360
Owner shelter cost
$1,460
30%+ on shelter
17.9%
Breakdown
$15,000 to $19,999
5
1.9%
$20,000 to $24,999
10
3.8%
$25,000 to $29,999
5
1.9%
$30,000 to $34,999
5
1.9%
$35,000 to $39,999
10
3.8%
$40,000 to $44,999
10
3.8%
$45,000 to $49,999
10
3.8%
$50,000 to $59,999
15
5.7%
$60,000 to $69,999
15
5.7%
$70,000 to $79,999
20
7.5%
$80,000 to $89,999
20
7.5%
$90,000 to $99,999
10
3.8%
$100,000 to $124,999
35
13.2%
$125,000 to $149,999
30
11.3%
$150,000 to $199,999
45
17.0%
$200,000 and over
20
7.5%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59170131).
Market story
Rent in Victoria
Census 2021 avg $1,360/mo here · Vancouver 2BR rent trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
CMHCBritish Columbia outlook
British Columbia’s labour market expected to recover in 2026, but demographic factors will weigh on housing markets
British Columbia’s (B.C.) economy is expected to improve in 2026 after limited growth in 2025. As forecasted in our Housing Market Outlook summer 2025 update, a weak labour market and trade volatility were the main factors impacting B.C.’s economy in 2025.
From the CMHC Housing Market Outlook 2026 · Jan 2026
