$1,050,000
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550 Phelps Ave, Langford, BC V9B3H7

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6 Beds
3 Baths
2,475 Sq Ft

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:58753)

Listing By: Cheryl Nelson - Pemberton Holmes Ltd. - Oak Bay cncrea2 Realty.com
  • MLS® 1026612
  • Date Listed04/02/2026
  • Days on Realty 115 Days
  • Bedrooms 6
  • Bathrooms 3 baths
  • Lot Size 8,712 sq. ft
  • Year Built 1969
  • Square Feet 2,475 sq. ft
  • Price Per Sq. Ft $424.24

Interior Features

  • Appliances Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
  • Cooling Air Conditioned
  • Heating Heat Pump

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 8,712.00
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for V9B3H7

Discover key demographics, population statistics, and environmental insights for the Langford, BC area.

Walkability in BC / V9B3H7

Source: Walk Score

41/100

Car-Dependent

Walk Score ®

0/100

Minimal Transit

Transit Score ®

40/100

Bikable

Bike Score ®

Overview

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 25/100, Transit Score: 2/100, Bike Score: 34/100.

Points of Interest near 550 Phelps Ave, Langford, BC V9B3H7

Frequently Asked Questions for 550 Phelps Ave

Source: Realty.com

550 Phelps Ave, Langford, BC V9B3H7 in Langford, BC V9B3H7 is a single family residence listed at $1,050,000. Highlights include 6 bedrooms, 3 bathrooms, 2,475 sq. ft., built in 1969, $424 per sq. ft.. Realty.ca has 36 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 36 photos of 550 Phelps Ave.

Our records indicate that 550 Phelps Ave was built in 1969.

The full address for this home is 550 Phelps Ave, Langford, BC V9B3H7.

550 Phelps Ave has been listed on Realty.com since Thu April 02, 2026

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 25/100, Transit Score: 2/100, Bike Score: 34/100.

Listing provided courtesy of: Pemberton Holmes Ltd. - Oak Bay
Listing agent: Cheryl Nelson

This content last refreshed on 2026-07-26 20:25:16. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.