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$1,850,000

487 Burnside Rd, Victoria

487 Burnside Rd, Victoria

Burnside · Industrial · MLS® 1044056 · Listed Jul 24, 2026

13,348 sqft
Lot
Overview

About This Property

This versatile, high-utility industrial building is presently demised into two separate rental units with their own ground-level entrances. It offers excellent flexibility for owner-operators or investors, featuring a mezzanine level, offices, a boardroom, and a spacious rear exterior shop/open storage yard complete with two powered sea cans. Total building area is approx. 7,820 sq ft, plus a 497 sq ft Quonset hut. The workshop boasts an impressive 17’6” clear height and a generous 10’ x 12’ exterior door. The property is currently leased on a month-to-month basis. Buyers can provide six months’ notice (from final subject removal) for vacant possession, or renegotiate leases to maintain steady income. Located in a rapidly redeveloping area with strong future growth potential. Do not approach existing tenants. All measurements are approximate — please verify independently. Buyers should conduct their own due diligence regarding use and expansion possibilities with the municipality.

Property Details

Features & Details

Property TypeIndustrial
Lot Size13,348 sqft (0.3 acres)
Lot FeaturesCentral Location, Curb & Gutter, Serviced, Shopping Nearby, Sidewalk
HeatingBaseboard, Electric, Heat Pump, Natural Gas
ExteriorBlock, Frame Wood
FoundationSlab
FlooringMixed
WaterMunicipal
SewerSewer Connected
Taxes$47,085 (2026)
MLS® #1044056
BrokerageColdwell Banker Oceanside Real Estate
Location

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Property Insights

History & Activity

  • ListedJan 8, 2026MLS® 1022587$1,800,000
  • ListedJun 16, 2025MLS® 1003034$2,490,000
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The local market right now

burnside · single-family
Buyer’s market
$967,500
Median sold
7
Months of supply
39
Avg days to sell

Burnside single-family averages, updated daily. See Burnside market stats or Victoria market stats.

Questions about this property

How much is 487 Burnside Rd, Victoria listed for?

It is listed at $1,850,000.

How big is the lot at 487 Burnside Rd, Victoria?

The lot is 13,348 sqft (0.3 acres).

What is the Victoria real estate market like now?

Victoria is currently a buyer's market: median sold price $967,500, 7 months of inventory, homes typically selling in about 39 days.

What other houses are for sale in Burnside?

There are 7 houses for sale in Burnside right now. Browse all Burnside houses for sale to see current listings, updated daily from the MLS® system.

How much do houses cost in Burnside?

The median house sold price in Burnside is $967,500, based on 26 sales over the past 12 months. The median price per square foot is $537. Compare asking prices across the houses currently for sale in Burnside.

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VREB · Victoria Real Estate Board

MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Aug 17, 2026.