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!
Layout Main Level Entry with Lower/Upper Lvl(s)
Lot features Level, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk
Heating Oil, Wood
Flooring Carpet, Laminate, Linoleum
Roof Asphalt Shingle
Parking Spaces 3
Exterior features Fenced, Low Maintenance Yard
Interior features Dining Room
Parking Type Carport, Detached
Kitchens1
Laundry FeatureIn House
Fireplace DescriptionWood Burning
Taxes$6,127
Rentals Allowed Unrestricted
Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
Days on Market90