Active
1606 Bank St
Victoria BC, V8R 4V4
$1,450,000
$179.01 per sqft
Active
3 Beds
2 Baths
0.19 Acres
Land
Built in 1908
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!
989530
MLSⓇ ID
March 6, 2025
Listed
March 6, 2025
Updated
Exterior/Building Features
Lot Size
0.19 Acres
Exterior Features
Fenced, Low Maintenance Yard
Lot Features
Level, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk
Roof
Asphalt Shingle
Sewer
Sewer Connected
Other Property Details
Area Name
Victoria
Taxes
$6,127
Tax Frequency
Annually
Garage
No
Parking
Carport, Detached
Parking Total
3
View
No
County
Capital Regional District
Water Source
Municipal
Pets Allowed
Yes
Pool
No
Zoning
R1-B
Courtesy of RE/MAX Generation, Dallas King
Listing Contact: 250-858-5465
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