1606 Bank St, Victoria, BC, V8R 4V4

$1,450,000

MLS® # 974466

House For Sale In South Jubilee, Victoria, British Columbia

$1,450,000

  • 3

    Bedrooms

  • 2

    Baths

  • 8100.00 Square Feet

    Lot Size

Property Information:

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)

Property Features:

  • Bedrooms: 3
  • Bathrooms: 2
  • Annual Tax Amount: $6,048
  • Basement: Not Full Height, Unfinished, Walk-Out Access, With Windows
  • Built in: 1908
  • Construction Materials: Stucco
  • Cooling: None
  • Exterior Features: Fenced, Low Maintenance Yard
  • Fireplace Features: Wood Burning
  • Floor Space (approx): 3029 Square Feet
  • Flooring: Carpet, Laminate, Linoleum
  • Foundation Details: Slab
  • Heating: Oil, Wood
  • Interior Features: Dining Room
  • Laundry Features: In House
  • Lot Features: Level, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk
  • Lot Frontage: 8100 Square Feet
  • Lot Size: 8100.00 Square Feet
  • Ownership: Freehold
  • Parking Features: Carport, Detached
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Land Value Only
  • Property Sub Type:
  • Roof: Asphalt Shingle
  • Water Source: Municipal
  • Zoning: R1-B
  • Zoning Description: Residential
  • Sewer:
  • No. of Parking Spaces: 3

Rooms:

  • Storage Other level :Lower 3.05 m x 2.13 m
  • Den Other level :Lower 4.14 m x 3.84 m
  • Other Main Level 3.68 m x 3.17 m
  • Dining Main Level 4.14 m x 3.76 m
  • Other Main Level 1.75 m x 1.75 m Note: Entrance
  • Office 2nd Level 3.61 m x 2.62 m
  • Other Main Level 3.91 m x 3.02 m Note: Eating Area
  • Other Other level :Lower 5.28 m x 5.13 m Note: Basement
  • Utility Other level :Lower 5.77 m x 4.44 m
  • Living Main Level 5.51 m x 4.24 m

Courtesy of: Bel Air Realty Group

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

Additional Photos