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550 Phelps Ave
La Thetis Heights Langford V9B 3H7

$1,050,000
Residential beds: 5 baths: 3.0 2,475 sq. ft. built: 1969

Main Photo: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
Photo 1: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
Photo 2: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
Photo 3: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
Photo 4: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
Photo 5: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
Photo 6: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
Photo 7: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
Photo 8: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
Photo 9: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
Photo 10: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
Photo 11: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
Photo 12: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
Photo 13: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
Photo 14: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
Photo 15: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
Photo 16: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
Photo 17: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
Photo 18: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
Photo 19: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
Photo 20: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
Photo 21: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
Photo 22: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
Photo 23: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
Photo 24: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
Photo 25: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
Photo 26: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
Photo 27: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
Photo 28: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
Photo 29: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
Photo 30: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
Photo 31: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
Photo 32: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
Photo 33: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
Status:
Active
Prop. Type:
Residential
MLS® Num:
1026612
Bedrooms:
5
Bathrooms:
3
Year 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.
Property Type:
Residential
Type:
Single Family Residence
Year built:
1969 (Age: 57)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
2,475 sq. ft.
Listing General Location:
La Thetis Heights, Langford
Bedrooms:
5
Bathrooms:
3.0 (Full:-/Half:-)
Lot Size:
8,712 sq. ft.
Kitchens:
2
Taxes:
Building Features:
Basement, Transit Nearby
Construction:
Stucco
New Construction:
No
Basement:
None
Foundation:
Slab
Roof:
Fibreglass Shingle
Ceiling Heights:
Floor finish:
Carpet, Mixed, Vinyl
Total Building Area:
3,532 sq. ft.
Total Unfinished Area:
1,057 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
5
# Main Level Bedrooms:
2
# Second Level Bedrooms:
3
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
2
# Second Level Bathrooms:
1
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
1
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
0 sq. ft.
Living Area Main Floor:
1,405 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
1,070 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
2
Fireplace Details:
Living Room, Wood Burning, Other
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer Connected
Additional Accommodations:
Exists
Cooling:
Air Conditioning
Heating:
Heat Pump
Fireplace:
Yes
Warranty:
No
Pending Date:
Dishwasher, F/S/W/D, Microwave
Winding Staircase
Balcony/Deck, Balcony/Patio, Fencing: Full, Low Maintenance Yard
Ground Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
2nd Floor
2nd Floor
2nd Floor
2nd Floor
2nd Floor
2nd Floor
Other
Floor
Ensuite
Pieces
Other
Main Floor
Main Floor
2nd Floor
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Langford
Legal Description:
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
2
Number of 4 piece baths:
1
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Property Condition:
Updated/Remodeled
Exposure / Faces:
Southeast
Layout:
Ground Level Entry With Main Up
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Driveway, On Street, RV Access/Parking
Total Parking Spaces:
6
Road Surface Type:
Paved
Total Units:
Date Listed:
Apr 02, 2026
Original Price:
1050000.0
  • Photo 1: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
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  • Photo 8: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
    Lower Suite
  • Photo 9: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
    Lower Suite
  • Photo 10: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
    Lower Suite
  • Photo 11: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
    Lower Suite
  • Photo 12: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
    Lower Suite
  • Photo 13: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
    Lower Suite
  • Photo 14: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
    Lower Suite
  • Photo 15: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
    Lower Suite
  • Photo 16: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
    Lower Suite
  • Photo 17: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
    Lower Suite
  • Photo 18: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
    Lower Suite
  • Photo 19: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
    Lower Suite
  • Photo 20: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
    Lower Suite
  • Photo 21: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
    Upper Suite
  • Photo 22: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
    Upper Suite
  • Photo 23: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
    Upper Suite (tenants belongings edited out)
  • Photo 24: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
    Upper Suite (tenants belongings edited out)
  • Photo 25: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
    Upper Suite
  • Photo 26: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
    Upper Suite
  • Photo 27: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
    Upper Suite
  • Photo 28: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
    Upper Suite Deck
  • Photo 29: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
    Studio/inlaw space
  • Photo 30: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
    Studio/inlaw space
  • Photo 31: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
    Gated Parking
  • Photo 32: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
    Patio & Gazebo
  • Photo 33: 550 Phelps Ave in Langford: La Thetis Heights Single Family Residence for sale : MLS®# 1026612
    Photo 33 of 33
Listed by Pemberton Holmes Ltd. - Oak Bay
Data was last updated April 3, 2026 at 10:05 PM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$722,000
Min list price:
$499,000
Max list price:
$1,589,900
Avg days on market:
78
Min days on market:
1
Max days on market:
238
Avg price per sq.ft.:
$467.13
These statistics are generated based on the current listing's property type and located in La Thetis Heights. Average values are derived using median calculations. This data is not produced by the MLS® system.
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