588 Heatherly Rd | $969,900 | MLS® 1042087
Mike Pearce* Agent Photo
Mike
Pearce*
P. (778) 433-8885
 Phone Mike
ENGEL & VOLKERS VANCOUVER ISLAND
735 Humboldt St
 Victoria, BC
 Canada V8W 1B1
MLS® 1042087

Details

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Years (35 year max)
Years



Address 588 Heatherly Rd
AreaColwood
Sub AreaWishart North
State/ProvinceBritish Columbia
CountryCanada
Price$969,900
Property TypeSingle Family
Bedrooms4
Bathrooms2
Floor Space2563 Square Feet
Lot Size10830.00 Square Feet
WaterfrontNo
Year Built1950
Taxes $3,826
Tax Year2025
MLS® #1042087

Exceptional opportunity situated in a rapidly evolving area of Colwood. Offering a functional single-family home with immediate livability and exceptional upside, this property is ideal for buyers looking to renovate, invest, or secure a long-term holding property. Move in, renovate, generate rental income, or hold while the surrounding community continues to evolve. Updates include an updated kitchen and bathrooms, a well-maintained roof, and the added convenience of an EV charger, providing a solid foundation for future improvements. The existing R1 zoning permits a variety of residential uses, including a secondary suite, accessory dwelling unit, and other permitted uses, while purchasers may also wish to explore opportunities available under current and future municipal and provincial housing initiatives, including small-scale multi-unit housing, where applicable. Conveniently located minutes from shopping, restaurants, schools, parks, recreation, transit, and commuter routes.

Listed by ENGEL & VOLKERS VANCOUVER ISLAND

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Location

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About

Mike* has been in the top 1% of all Realtors in Greater Victoria from 2011 to 2016 in total number of condos and townhouses sold. He is also in the Victoria Real Estate Board’s MLS Awards’ Club as a multiple Gold Award winner, and in 2015, Mike was awarded the prestigious MLS Special Gold Award for his high standard of excellence throughout his career. 

Being born and raised in Victoria has given Mike a vast knowledge base to educate his clients on the historical market growth and on today’s current demographics. Mike’s experience in and knowledge of depreciation reports, strata bylaws, regulations, strata plans and fees, engineer’s reports, and remediation and special assessments comes from his extensive portfolio of business and in-depth studies of hundreds of strata buildings in the city. 

Mike and his family have a big love for the island and the outdoors, and, when Mike isn’t working, you can find them on the slopes, golfing, camping, or exploring the many amazing hiking trails. Mike is also a past professional golfer with over 60 wins worldwide and is a proud member of the Gorge Vale Golf Club and sponsor of the Island Professional Golf Tour. 

*Mike Pearce Personal Real Estate Corp.