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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: 974466
3
Bedrooms
2
Bathrooms
3029
Square Feet

Listing Description

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) (28320724)

Property Summary

Property Type
Single Family
Building Type
House
Square Footage
3029 sqft
Neighbourhood Name
Jubilee
Title
Freehold
Land Size
8100 sqft
Built in
1908
Annual Property Taxes
$6,048
Total Parking Spaces
3
Time on REALTOR.ca
30 days

Price and Sale History

Date Status Price
Jul 26, 2023 Sale Closed $1,174,000

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

Square Footage
3029 sqft
Total Finished Area
2239 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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