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Victoria, BC V8R 4V4,1606 Bank St
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Victoria, BC V8R 4V4,1606 Bank St
Victoria, BC V8R 4V4,1606 Bank St
Victoria, BC V8R 4V4,1606 Bank St
Victoria, BC V8R 4V4,1606 Bank St
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Maegan Morton

Maegan Morton

+1(778) 743-2380
$ 1,450,000
Est. payment /mo
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1606 Bank St Victoria, BC V8R 4V4

3 Beds

2 Baths

2,239 SqFt

UPDATED:

03/06/2025 07:19 PM

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

Listed by RE/MAX Generation
agent

Maegan Morton

Agent | RERE605572

+1(778) 743-2380

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1606 Bank St