1256 Walnut Street, Fernwood Victoria
Price
$889,900
Bedrooms3 Beds
Bathrooms1 Baths
Size2388 sqft
Year Built1938
Property TypeDetached Home
Property Taxes$5,208.55
Description
Charming 3-bedroom, 1-bath bungalow in the heart of Fernwood, offering comfort today and opportunity for tomorrow. Modern upgrades include a 200-amp panel, vinyl windows, heat pump, and a cozy gas fireplace, making this home efficient and inviting. The unfinished basement provides ample storage with room to grow, while the large detached workshop/garage (built in 2011) is ideal for projects, hobbies, or extra parking. Set on a generous lot with plentiful parking, the property holds excellent development potential—whether expanding the existing home, adding a suite, or exploring future redevelopment options. All this in a walkable, thriving community just steps to Fernwood Square’s cafés, theatres, and parks, and only minutes to downtown Victoria. A rare chance to secure a versatile property that combines character, lifestyle, and outstanding investment value in one of the city’s most vibrant neighbourhoods. (id:39198)
Listed By
The listing brokerage and/or agent is RE/MAX Camosun
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
Property Dimensions
The Property Location
Mortgage Calculator
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Total Monthly Payment
$3,631 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$711,920
Total Interest Payments
$438,943
Total Payment (Principal + Interest)
$1,150,863
Cashflow Calculator
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Monthly Cash Flow
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Comber Friesen Group
Realtors
Meet Alex & Georgia
Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.
Locations We Serve
Cowichan Valley
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
Westshore
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
Victoria
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Oak Bay
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
Saanich
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.