1606 Bank St.

$1,450,000

Single Family Residence located in Victoria - Vi Jubilee, V8R 4V4

2239 sqft, 3 Beds, 2 Baths
MLS #974466 Listed by Warren SingBel Air Realty Group
  • Listed On: August 29, 2024
  • Built in: 1908
  • Type: Residential
  • Interior Features: Dining Room,
  • Exterior Features: Fenced, Low Maintenance Yard,
  • Cooling: None,
  • Heating: Oil, Wood,
  • Fireplaces: 1
  • Flooring: Array
  • Basement: Not Full Height, Unfinished, Walk-Out Access, With Windows,
  • Foundation Details: Slab,
  • Lot Size: 0.19 acres
  • Total Parking: 3
  • Parking Features: Carport, Detached,
  • Features: Level, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk,
  • Zoning: R1-B

Description

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 ONE 1 Bedroom suite, THREE spacious 2 Bedroom suites and TWO spacious 3 Bedroom suites with plenty of outdoor amenity space. Total living area is approximately 6100 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)

Location

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