Seize this rare, turnkey development opportunity with a fully approved Development Permit for a 6-plex in one of Victoria’s most desirable neighborhoods. This 60×135’ lot comes with meticulously designed plans, featuring a mix of one 1-beds, three 2-beds, and two 3-bed suites, offering a total of 6,100 sq ft of modern living space. Each unit is thoughtfully designed with generous outdoor amenities to enhance livability. Positioned on a quiet, upscale street across from Sundance-Bank Elementary, this property is perfectly located near Oak Bay Ave, Royal Jubilee Hospital, & an array of local shops and services. The project is set to be stratified under Victoria’s Missing Middle program, presenting a streamlined path to market with significant profit potential. Whether you are an experienced developer or looking to enter the market, this property offers a unique chance to move quickly with a shovel-ready project. Land only—construction not included. Don’t let this opportunity pass you by! (id:24212)
- Full Address:
- 1606 Bank Street, Victoria, British Columbia
- Price:
- $ 1,450,000
- MLS Number:
- 989530
- List Date:
- March 6th, 2025
- Neighbourhood:
- Jubilee
- Building Size:
- 3029 sq.ft.
- Lot Size:
- 8100 ac
- Year Built:
- 1908
- Taxes:
- $ 6,127
- Ownership Type:
- Freehold
Property Specifications
- Bedrooms:
- 3
- Bathrooms:
- 2
- Air Conditioning:
- None
- Heating:
- Oil, Wood
- Fireplaces:
- 1
Interior Features
- Building Size:
- 3029 sq.ft.
- Zoning:
- Residential
- Garage Spaces:
- 3
Building Features
- Rooms:
Floors
- Lot Size:
- 8100 ac
- Lot Features:
- Level lot, Other, Rectangular
Land
Neighbourhood Features
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Agent: Dallas KingBrokerage: RE/MAX Generation
Phone: 250-858-5465
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