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 60x135’ 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:44056)

Property Details

Full Address:
1606 Bank St, Victoria, British Columbia
Price:
$ 1,450,000
MLS Number:
989530
List Date:
March 6th, 2025
Building Size:
3029 sq.ft.
Lot Size:
8100 sq.ft.
Year Built:
1908
Taxes:
$ 6,127

Interior Features

Bedrooms:
3
Bathrooms:
2
Air Conditioning:
None
Heating:
Oil, Wood
Fireplaces:
1

Building Features

Building Size:
3029 sq.ft.
Zoning:
Residential
Garage Spaces:
3
Ownership Type:
Freehold
Taxes:
$ 6,127

Floors

Land

Lot Size:
8100 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent(s)

Listing: Dallas King
RE/MAX Generation

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