1029 Queens Ave
$1,199,900
Central Park
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About this home
Investor and developer opportunity in Victoria’s Central Park area. This legal duplex sits on a 60 x 120 lot with a sunny, south-facing rear yard and a double garage, plus a layout that invites creative thinking. The duplex is heritage registered but not designated, opening the door to future options while keeping the character that buyers love. With the building positioned to one side, explore potential to stratify the existing home and consider a second duplex, or evaluate a missing middle style project. The main floor offers a vacant one bedroom suite with its own bath, ready for your tenant selection, and it has been rented as a two bedroom plan in the past. The upper suite features a three bedroom layout with one bath and is home to a long-term tenant planning to move in late fall 2026. 1920s charm meets key mechanical upgrades, with added value possible through basement development, garage accommodation potential, or full redevelopment. (id:65179)
Property details
From the listing's public record.
Lot size
7,200 square feet
Year built
1921
Taxes
$6,885/yr
Zoning
Residential
Heating
Lot
Style
Price history
4 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Sep 17, 2026
Listed $1,199,900
Active2 days on marketMLS 1049844Dec 22, 2025
Listed $1,450,000
Cancelled100 days on marketMLS 1022076Sep 30, 2008
$515,000
Sold36 days on marketMLS 470548Aug 23, 2004
$365,000
Sold72 days on marketMLS 337914
How this listing compares
Not enough recent sales in this area for reliable stats.
Current market in Central Park
Active (same type)
1
Pending
0
All active listings
18
Months of supply
—
Assessment
From publicly available property records.
Assessed value
$1,184,000
What would this home cost?
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Estimate
Monthly mortgage
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Loan amount
$1,199,900 − $239,980
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$263,478
Down payment + PTT + GST + legal estimate.
Estimates only, based on current BC rates and thresholds. Not tax, legal, or financial advice. Property transfer tax exemptions have eligibility requirements — confirm with a lawyer or notary. GST rebates on new construction are not modelled here. Mortgage payment uses Canadian semi-annual compounding and excludes property tax, home insurance, and CMHC mortgage insurance.
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Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.
Listed by RE/MAX Camosun