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Home BC Greater Victoria Victoria Jubilee South Jubilee
1606 Bank St
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1606 Bank St $1,450,000
$1,450,000
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1606 Bank St
Victoria, British Columbia V8R4V4

MLS® Number: 989530
3
Bedrooms
2
Bathrooms

Listing Description

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! (28980734)

Property Summary

Property Type
Vacant Land
Neighbourhood Name
Jubilee
Title
Freehold
Land Size
8100 sqft
Built in
1908
Annual Property Taxes
$6,127.20
Total Parking Spaces
3
Time on REALTOR.ca
14 days

Building

Bathrooms
Total
2
Building Features
Features
Level lot, Other, Rectangular
Heating & Cooling
Cooling
None
Fireplace
1
Heating Type
(Oil), (Wood)
Parking
Total Parking Spaces
3

Measurements

Exterior Building Size
3029 sqft

Rooms

MetricImperial
Main level
Porch
Bathroom
Entrance
Sunroom
Bedroom
Primary Bedroom
Dining room
Kitchen
Eating area
Living room
Second level
Office
Bedroom
Lower level
Bathroom
Den
Laundry room
Utility room
Workshop
Storage

Land

Other Property Information
Zoning Description
R1-B
Zoning Type
Residential
Data provided by: Victoria Real Estate Board 3035 Nanaimo Street, Victoria, British Columbia V8T 4W2

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