Victoria · V8R4A4
$6,051/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
Book now
Welcome home to 2550 Belmont Avenue, a rare investor and developer opportunity in the heart of Oaklands. This solid 1955 side-by-side duplex offers two self-contained 2 bedroom, 1 bathroom homes of 841 square feet each - one tenanted for immediate income, one vacant for your plans. The real value is in the land: a double-wide lot with the potential to subdivide into two standard lots or redevelop to a 6-plex with city approval. Nestled in one of Victoria's most connected neighbourhoods, you are minutes from downtown, cycling routes, local cafes, schools, parks, plus transit at your doorstep. Hold, earn, and build your vision in a market where well-located land is increasingly scarce. Opportunities like this are rare - contact us today to book your private showing.
4
Beds
1,682 ft²
Floor area
1955
Year built
Single Family
Type
Oaklands
Area
Listed
May 22, 2026
$1,250,000 is 21.2% above the Lower Mainland Composite HPI benchmark of $1,031,500 (2026-04-01).
Nearby & Commute
16 min
walk to Thrifty Foods
12 min
bike to Swift Street Landing
38 min
walk to Swift Street Landing
3h 49m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Condo / Apartment · 58%
| Condo / Apartment | 318 | 58.1% |
| Detached | 140 | 25.6% |
| Townhouse | 56 | 10.2% |
| Land | 13 | 2.4% |
| Duplex | 10 | 1.8% |
| Other | 10 | 1.8% |
| $25,000 to $29,999 | 5 | 2.6% |
| $30,000 to $34,999 | 10 | 5.3% |
| $35,000 to $39,999 | 10 | 5.3% |
| $45,000 to $49,999 | 5 | 2.6% |
| $50,000 to $59,999 | 10 | 5.3% |
| $60,000 to $69,999 | 10 | 5.3% |
| $70,000 to $79,999 | 20 | 10.5% |
| $80,000 to $89,999 | 15 | 7.9% |
| $90,000 to $99,999 | 5 | 2.6% |
| $100,000 to $124,999 | 30 | 15.8% |
| $125,000 to $149,999 | 20 | 10.5% |
| $150,000 to $199,999 | 35 | 18.4% |
| $200,000 and over | 15 | 7.9% |
Pick the records that matter for this property. Relta inquires with the listing agent and strata on your behalf, then tells you what came back. Some documents cannot always be obtained.
Request the due-diligence package
Relta requests these from the listing agent and strata and follows up with what is available. Availability is not guaranteed. Review any documents with the appropriate professionals.
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$6,051
Principal and interest
Calculated estimate
$5,551
Property tax
Calculated estimate
$350/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$1,200,000
Down payment
Calculated estimate
$240,000 (20%)
Estimated mortgage
Calculated estimate
$960,000
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Metro averages
Est. monthly total
$6,051
/mo
Rate
%
Amortization
Principal and interest
$5,551
Property tax (est.)
$350
P&I
Tax
Down payment
$240,000 (20%)
Get Pre-Approved
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 $240,000 down (20%) on $1,200,000, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. 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.
At 5.2034 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Daily mean across the year.
On the drier side for BC.
Snow is the exception here.
Hours of sun a year, 1981–2010 average.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal. Bright sunshine is the exception: it is no longer measured at these stations, so that figure is the long term average.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
