550 Phelps Ave, Langford, BC V9B3H7
550 Phelps Ave, Langford, BC V9B3H7
550 Phelps Ave, Langford, BC V9B3H7
550 Phelps Ave, Langford, BC V9B3H7
550 Phelps Ave, Langford, BC V9B3H7
550 Phelps Ave, Langford, BC V9B3H7
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Zoe Brown

Zoe Brown

+1(613) 867-6426
$ 1,050,000
Est. payment | /mo

6 Beds

3 Baths

2,475 SqFt

Save
$ 1,050,000
Est. payment | /mo
Save

6 Beds

3 Baths

2,475 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2475

Square Footage 2,475 sqft

Price per Sqft $424

Subdivision Thetis Heights

MLS® Listing ID 1026612

Bedrooms 6

Year Built 1969

Lot Size 8,712 Sqft

Acres 8712.0

Property Sub-Type Freehold

Property Description

Welcome to 550 Phelps Avenue, a versatile income property in Thetis Heights offering strong revenue potential and flexible living options. This well-maintained home is set up with a 3-bedroom suite upstairs, a 2-bedroom plus office on the lower level, and additional studio-style space with kitchenette, providing flexibility depending on your needs. Each living area includes in-suite laundry and its own heat pump for individual climate control, a highly desirable setup for tenant comfort and long-term retention. The upper suite offers open living with a spacious kitchen and island, generous room sizes, and access to its own deck and the backyard. Entry is via a spiral staircase, creating clear separation between the upper and lower living spaces. The lower level opens to a large patio and a wired gazebo with fan, creating a functional outdoor area for everyday use or entertaining. The yard is large, flat, and fully fenced, with a large shed that works well as a hobby space or additional storage. 200 amp electrical service supports the home, and gated access provides ample parking for boats, RVs, trailers, work vehicles, and additional storage needs. Located within walking distance to Thetis Lake Regional Park and offering easy access to Hwy 1, shopping, schools, parks, and transit routes, this is a well-positioned property in a consistently in-demand area. The layout, separation between living areas, and independent systems support strong rental appeal, making this a practical option for investors seeking stable income and long-term value in a well-connected neighbourhood. (id:24570)

Location

State BC

Zoning Residential

Rooms

Kitchen 2.0

Extra Room 1 Second level 11'2 x 8'4 Bedroom

Extra Room 2 Second level 10'3 x 11'8 Bedroom

Extra Room 3 Second level 4-Piece Bathroom

Extra Room 4 Second level 11'6 x 11'8 Bedroom

Extra Room 5 Second level 16'6 x 12'9 Kitchen

Extra Room 6 Second level 17'9 x 12'1 Family room

Interior

Heating Heat Pump

Cooling Air Conditioned

Fireplaces Number 2

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 6

Garage No

Private Pool No

Others

Ownership Freehold

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Listed by Pemberton Holmes Ltd. - Oak Bay

Nearby Locations

Zoe Brown

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(613) 867-6426

zoe208375+inactive@zoebrown.ca

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550 Phelps Ave