Single Family Residence located in Victoria - Vi Oaklands, V8T 3X7
1250 sqft, 2 Beds, 1 Baths
Listed by Brandon FaberRE/MAX Camosun - Listed On: June 25, 2025
- Built in: 1912
- Type: Residential
- Exterior Features: Balcony/Patio, Fencing: Partial,
- Cooling: Other,
- Heating: Other,
- Fireplaces: 1
- Basement: Other,
- Foundation Details: Other,
- Lot Size: 0.14 acres
- Total Parking: 2
- Parking Features: Driveway, On Street,
- Features: Rectangular Lot, See Remarks,
Description
Situated in one of Victoria’s desirable urban pockets, 2639 Prior Street offers a rare opportunity to acquire a small-scale development site with meaningful upside and minimal red tape. The property is currently zoned R2 (Two Family Dwelling) and lies within the Official Community Plan (OCP) designation for Urban Residential, supporting low-rise multifamily development up to 4 storeys or potentially 6. What makes this site stand out is its dual street frontage, with access from both Prior Street and Bakery Mews, two legal roads offering design flexibility and potential for enhanced unit layouts, laneway access, or stratified infill. Just steps from Quadra Village, transit, and an easy connection to downtown, this lot blends pro-development policy, proven zoning, and livable location - it's a strong candidate for immediate development or holding income with the existing structure.