Listing Details

1606 BankSt
Victoria | MLS® #989530
$1,450,000
32

Description

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!

General

Title:Freehold
Subtype:Land
Status:Active
Zoning:Residential
Annual Taxes:6,127
Year Built:1908

Interior

Bedrooms:3
Bathrooms:2
Finished Sqft:2,239
Unfinished Sqft:0
Interior Features:Dining Room

Exterior

Sub area:Victoria
Lot Size:8,100 ft
Exterior Features:Fenced, Low Maintenance Yard

Listing Agent

Listing Agent:Dallas King
Listing Firm:RE/MAX Generation
Second Listing Agent:
Second Listing Firm: