Welcome to your private urban retreat nestled on an expansive 17,000+ sq.ft. park-like lot, this charming 3-bedroom, 1-bathroom home offers rare privacy and space—right in the heart of the city. Tucked away from the road, enjoy sun-drenched afternoons on the 14' x 23' patio, or explore the potential of the unfinished 700+ sq.ft. basement and detached garage/workshop. This property is more than just a home—it’s an investment in the future. With the upcoming OCP revisions and opportunities through the SSMUH (Small-Scale Multi-Unit Housing) initiative, this lot is well-positioned for higher-density redevelopment. The location is unbeatable: walk to Thetis Lake, Portage Park, and Thetis Cove Waterfront, or take advantage of nearby shopping, transit, VGH, beaches, and scenic walking trails. Whether you're looking to enjoy the serenity now or unlock the development potential later, this is a rare opportunity you won’t want to miss.
Address
164 Island Hwy
List Price
$1,199,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Style of Home
Character
Area
View Royal
Sub-Area
VR View Royal
Bedrooms
3
Bathrooms
1
Floor Area
1,148 Sq. Ft.
Lot Size
17424 Sq. Ft.
Lot Size (Acres)
0.4 Ac.
Year Built
1960
MLS® Number
997099
Listing Brokerage
eXp Realty
Basement Area
Full, Partially Finished
Postal Code
V9B 1G2
Tax Amount
$3,365.68
Tax Year
2024
Features
F/S/W/D, Forced Air, Hardwood, Oil, Storage, Workshop
Amenities
Balcony/Patio, Central Location, Easy Access, Family-Oriented Neighbourhood, Fencing: Partial, Low Maintenance Yard, Park Setting, Recreation Nearby, Shopping Nearby, Storage Shed
