1606 Bank St new

Victoria,BC V8R 4V4

$ 1450000

3 Beds

2 Baths

2239 SqFt


Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

Square Footage 2,239 sqft

Price per Sqft $647

MLS Listing ID 989530

Style Main Level Entry with Lower/Upper Lvl(s)

Bedrooms 3

Rental Info Unrestricted

Year Built 1908

Annual Tax Amount $6,127

Tax Year 2024

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 60’ x 135’

Property Sub-Type Land

Property 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!

Location

Province BC

County Capital Regional District

Area Victoria

Zoning R1-B

Direction North on Bank from Oak Bay Ave.

Rooms

Basement Not Full Height,Unfinished,Walk-Out Access,With Windows

Main Level Bedrooms 2

Kitchen 1

Interior

Interior Features Dining Room

Heating Oil,Wood

Cooling None

Flooring Carpet,Laminate,Linoleum

Fireplaces Number 1

Fireplaces Type Wood Burning

Fireplace Yes

Heat Source Oil,Wood

Laundry In House

Exterior

Exterior Feature Fenced,Low Maintenance Yard

Parking Features Carport,Detached

Carport Spaces 1

Roof Type Asphalt Shingle

Total Parking Spaces 3

Building

Lot Description Level,Recreation Nearby,Rectangular Lot,Serviced,Shopping Nearby,Sidewalk

Faces East

Foundation Slab

Sewer Sewer Connected

Water Municipal

Structure Type Stucco

Others

Pets Allowed Yes

Tax ID 009-190-112

Ownership Freehold

Pets Allowed Aquariums,Birds,Caged Mammals,Cats,Dogs

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