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:4069)
Address
1606 Bank St
List Price
$1,450,000
Property Type
Vacant Land
Area
British Columbia
Sub-Area
Victoria
Bedrooms
3
Bathrooms
2
Lot Size
8100 Sq. Ft.
Year Built
1908
MLS® Number
989530
Listing Brokerage
RE/MAX Generation
Postal Code
V8R4V4
Zoning
R1-B
Features
Level lot, Other, Rectangular
