1606 Bank St, Victoria, British Columbia V8R 4V4

Listed for:
$1,450,000
3 beds
2 baths
Listed 26 days ago
1606 Bank St, Victoria, British Columbia V8R 4V4

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Learn more about this property
Listing provided by:
RE/MAX Generation
MLS® number:
989530
Agent:
Dallas King
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About

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:27476)

Property Highlights

MLS® Number
989530
Type
Vacant Land
Ownership Type
Freehold
Land Size
8100 sqft
Parking Space Total
3

Building

Bathrooms Total
2
Bedrooms Total
3
Fireplace Present
Yes
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Oil, Wood
Building Cooling Type
None

Location