1256 Walnut St
Victoria
V8T 1N6
$799,999
Residential
beds: 3
baths: 1.0
1,208 sq. ft.
built: 1938
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1035022
- Bedrooms:
- 3
- Bathrooms:
- 1
- Year Built:
- 1938
- Photos (20)
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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.
- Property Type:
- Residential
- Type:
- Single Family Residence
- Year built:
- 1938 (Age: 88)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 1,208 sq. ft.
- Listing General Location:
- Vi Fernwood, Victoria
- Bedrooms:
- 3
- Bathrooms:
- 1.0 (Full:-/Half:-)
- Lot Size:
- 6,057 sq. ft.
- Kitchens:
- 1
- Taxes:
- Signup
- Construction:
- Frame Wood, Insulation: Ceiling, Insulation: Walls, Stucco
- New Construction:
- No
- Basement:
- Unfinished
- Foundation:
- Concrete Perimeter, Stone
- Roof:
- Asphalt Shingle
- Other Structures:
- Storage Shed, Workshop
- Ceiling Heights:
- Signup
- Total Building Area:
- 2,388 sq. ft.
- Total Unfinished Area:
- 1,180 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 3
- # Main Level Bedrooms:
- 3
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 0
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 1
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 0
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 1
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 0
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 1,180 sq. ft.
- Living Area Main Floor:
- 1,208 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 0 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 1
- Fireplace Details:
- Gas, Living Room
- Laundry Features:
- In House
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- Air Conditioning
- Heating:
- Heat Pump
- Fireplace:
- Yes
- Pending Date:
- Signup
- Dryer, Oven/Range Electric, Refrigerator, Washer
- Main Level
- 0
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Jurisdiction name:
- City of Victoria
- Legal Description:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 1
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Property Condition:
- Resale
- Exposure / Faces:
- West
- Layout:
- Main Level Entry with Lower Level(s)
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 3
- Garage:
- Yes
- Parking Features:
- Detached, Driveway, Garage, Garage Double
- Total Parking Spaces:
- 5
- Total Units:
- Signup
- Date Listed:
- May 07, 2026
- Original Price:
- 799999.0
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Listed by RE/MAX Camosun
Data was last updated May 8, 2026 at 10:05 AM (UTC)
Area Statistics
- Listings on market:
- 33
- Avg list price:
- $839,000
- Min list price:
- $359,000
- Max list price:
- $2,599,999
- Avg days on market:
- 29
- Min days on market:
- 1
- Max days on market:
- 191
- Avg price per sq.ft.:
- $543.34
These statistics are generated based on the current listing's property type
and located in
Vi Fernwood. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- MANBIR SAMRA
- PEMBERTON HOLMES - OAK BAY
- 1 (250) 8862365
- Contact by Email
Location
2000 Oak Bay Ave
Victoria, BC, V8R 1E4