1606 Bank St

Single Family Residence For Sale in Vi Jubilee, Victoria

$1,450,000
  • 3 Beds
  • 2 Baths
  • 2,239 Sq. Ft.
  • Built 1908
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)
Address 1606 Bank St
List Price $1,450,000
Property Type Residential
Type of Dwelling Single Family Residence
Area Victoria
Sub-Area Vi Jubilee
Bedrooms 3
Bathrooms 2
Floor Area 2,239 Sq. Ft.
Lot Size 8100 Sq. Ft.
Lot Size Acres 0.19 Ac.
Year Built 1908
MLS® Number 974466
Listing Brokerage Bel Air Realty Group
Basement Area Not Full Height, Unfinished, Walk-Out Access, With Windows
Postal Code V8R 4V4
Tax Amount $6,048
Tax Year 2024
Features Carpet, Dining Room, Laminate, Linoleum, Oil, Wood
Amenities Fenced, Level, Low Maintenance Yard, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk

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Andrew Hobbs PREC*

Sotheby's International Realty®

752 Douglas St Victoria BC V8Z 4H7

Office: 250-884-2766

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