For Sale3d on market
550 Phelps Ave
Langford, BC, V9B3H7 • V9B • Capital Regional District
$1,050,000
$424/sqft
Down payment assistance available
6Beds
3Baths
2,475Sqft
0.2 acLot
1969Built
Property DNA
Outdoor Living
Balcony/Deck · Balcony/Patio
2 Fireplaces
Living Room · Wood Burning · Other
3d on Market
Listed Apr 2, 2026
Market activity
Demand and pricing signals for this listing
35 views
People checking out this listing
4 saves
Buyers have saved this home
3 days on market
Just listed — act fast
$424/sqft
Price per square foot
About this home
Single Family · Built 1969
Versatile income property in Thetis Heights with strong revenue potential. Configured with a 3-bed suite up, 2-bed plus office down, and additional studio-style space with kitchenette. Each living area includes in-suite laundry and its own heat pump for individual climate control. The upper suite offers open living with a spacious kitchen and island, while the lower level opens to a large patio and a wired gazebo with fan. Set on a large, flat lot with a fully fenced yard, dog kennel, and shed suitable for hobby use or storage. 200 amp electrical service in place. Gated parking for boats, RVs, trailers, work vehicles, and additional storage needs. Walking distance to Thetis Lake Regional Park with easy access to Hwy 1, shopping, schools, parks, and transit routes. Well suited for multi-tenant use with strong rental appeal and a practical layout that supports long-term value.
Standout features identified
Our analysis highlights wired gazebo with fan, large flat lot, and fully fenced yard as key attractions of this home.
Estimated monthly payment
Based on current rates
$6,848/month
Principal & Interest$5,448
Property Tax$1,050
Insurance$350
Down payment20% ($210,000)
3%50%
Est. 6.75% rate · 30yr fixed · $840,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1969
HeatingHeat Pump
CoolingAir Conditioning
Parking6 Open Parking spaces
Lot8,712 sqft
Days on Zillow3 Days
Price/sqftC$424
Property
Home typeSingle Family
Sub-typeSingle Family Residence
ConditionUpdated/Remodeled
Year built1969
Systems
HeatingHeat Pump
CoolingAir Conditioning
RoofFibreglass Shingle
ConstructionStucco
Water / SewerMunicipal
Parking & Outdoor
ParkingDriveway, On Street, RV Access/Parking
BasementNone
Fireplaces2
FencingFull
Lot8,712 sqft
Location & Tax
NeighborhoodV9B
Annual tax$4,983
Parcel003436187
Features & details
11 categories of property features
Interior Features
Interior
Winding Staircase
Appliances
Dishwasher
F/S/W/D
Microwave
Flooring
Carpet
Mixed
Vinyl
Heating
Heat Pump
Cooling
Air Conditioning
Laundry
Inside
Fireplace
Living Room
Wood Burning
Other
Exterior Features
Exterior
Low Maintenance Yard
Parking
Driveway
On Street
RV Access/Parking
Construction
Stucco
Patio & Porch
Balcony/Deck
Balcony/Patio
Room details
1 room detailed
Kitchen
Main,SecondListing insights
Market data and value estimates
StatusFor Sale
Days on market3
Est. rent$4,645/mo
Price/sqft$424
On marketApr 2, 2026
PostedApr 2, 2026
MLS updatedApr 5, 2026
Tour days6
Views35
Favorites4
How are the schools in Langford?
2 schools rated nearby
Location
Langford, BC, V9B3H7
Price history
1 event
DateEventPrice$/sqftSource
Apr 2, 2026Listed For Sale$1,050,000$424VIVA
Listed For Sale$1,050,000
Apr 2, 2026•$424/sqft•VIVA
Nearby homes
Neighborhood details
Local context around this listing
Langford, BC • Capital Regional District
Nearby cities
Central SaanichColwoodEsquimaltLangfordNorth SaanichOak BaySaanichSidney
Nearby zip codes
V9B
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Listing content Copyright 2026 Vancouver Island Real Estate Board & Victoria Real Estate Board. The above information is from sources deemed reliable, but should not be relied upon without independent verification.
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