1606 Bank St Victoria, British Columbia V8R 4V4
$1,450,000
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:55599)
Property Details
| MLS® Number | 989530 |
| Property Type | Vacant Land |
| Neigbourhood | Jubilee |
| Features | Level Lot, Other, Rectangular |
| Parking Space Total | 3 |
| Plan | Vip269 |
Building
| Bathroom Total | 2 |
| Bedrooms Total | 3 |
| Constructed Date | 1908 |
| Cooling Type | None |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Heating Fuel | Oil, Wood |
| Size Exterior | 3029 Sqft |
Land
| Acreage | No |
| Size Irregular | 8100 |
| Size Total | 8100 Sqft |
| Size Total Text | 8100 Sqft |
| Zoning Description | R1-b |
| Zoning Type | Residential |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Office | 11'10 x 8'7 | ||
| Second Level | Bedroom | 17'2 x 10'10 | ||
| Lower Level | Bathroom | 3-Piece | ||
| Lower Level | Den | 13'7 x 12'7 | ||
| Lower Level | Laundry Room | 17'11 x 8'1 | ||
| Lower Level | Utility Room | 18'11 x 14'7 | ||
| Lower Level | Workshop | 20'8 x 16'11 | ||
| Lower Level | Storage | 10'0 x 7'0 | ||
| Main Level | Porch | 16'6 x 4'8 | ||
| Main Level | Bathroom | 4-Piece | ||
| Main Level | Entrance | 5'9 x 5'9 | ||
| Main Level | Sunroom | 10'9 x 7'9 | ||
| Main Level | Bedroom | 12'10 x 10'5 | ||
| Main Level | Primary Bedroom | 12'1 x 10'5 | ||
| Main Level | Dining Room | 13'7 x 12'4 | ||
| Main Level | Kitchen | 9'10 x 8'5 | ||
| Main Level | Eating Area | 12'10 x 9'11 | ||
| Main Level | Living Room | 18'1 x 13'11 |
https://www.realtor.ca/real-estate/27991204/1606-bank-st-victoria-jubilee
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March 06 2025 08:36:27
Victoria Real Estate Board
RE/MAX Generation