1606 Bank St Victoria BC
$1,450,000
Details
- MLS®
- 974466
- Year Built
- 1908
- Parking
- 3
- Size
- 2,239 SQ.FT
- Lot Size
- 8,100 SQ.FT
- Property Tax
- $6,048
- Tax Year
- 2024
- Price per Sqft
- $648/sqft
Description
DEVELOPMENT SITE – 6-PLEX. Save time & money and eliminate the guesswork of what can be built on this beautiful 60×135’ 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
Features
- Level, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk