DEVELOPMENT SITE - 6-PLEX. Save time & money and eliminate the guesswork of what can be built on this beautiful 60x135’ lot. The current plans are for (FOUR) spacious 2 Bedroom suites and (TWO) spacious 3 Bedroom suites with plenty of outdoor amenity space. Total living area is approximately 6500 sqft. This amazing site is situated on a quiet upscale residential road, across the street from Sundance-Bank Elementary School and walking distance to Royal Jubilee Hospital and all the charming shops and amenities along Oak Bay Ave. The six units will be stratified and built under Victoria’s established Missing Middle program. The Seller has worked through planning with the City and DP is at final review, so you can take advantage of a quick turnaround project with strong profit margins. Great entry for the aspiring builder. Put your capital to work! (Listing is for the site only, not construction. Measurements and data input are for the existing structure)
| Address |
1606 Bank St |
| List Price |
$1,450,000 |
| Property Type |
Residential |
| Type of Dwelling |
Single Family Residence |
| Area |
Victoria |
| Sub-Area |
Vi Jubilee |
| Bedrooms |
3 |
| Bathrooms |
2 |
| Floor Area |
2,239 Sq. Ft. |
| Lot Size |
8100 Sq. Ft. |
| Lot Size Acres |
0.19 Ac. |
| Year Built |
1908 |
| MLS® Number |
974466 |
| Listing Brokerage |
Bel Air Realty Group
|
| Basement Area |
Not Full Height, Unfinished, Walk-Out Access, With Windows |
| Postal Code |
V8R 4V4 |
| Tax Amount |
$6,048 |
| Tax Year |
2024 |
| Features |
Carpet, Dining Room, Laminate, Linoleum, Oil, Wood |
| Amenities |
Fenced, Level, Low Maintenance Yard, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk |
