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!
Property Type:
Residential
Type:
Land
Year built:
1908
(Age: 117)
Living Area:
2,239 sq. ft.208 m2
Listing General Location:
Vi Jubilee, Victoria
Bedrooms:
3
Bathrooms:
2.0
(Full:-/Half:-)
Lot Size:
8,100 sq. ft.753 m2
Lot Details:
60’ x 135’
Kitchens:
1
Construction:
Stucco
Basement:
Not Full Height, Unfinished, Walk-Out Access, With Windows
Data was last updated July 19, 2025 at 02:05 AM (UTC)
Area Statistics
Listings on market:
26
Avg list price:
$562,400
Min list price:
$369,980
Max list price:
$2,195,000
Avg days on market:
39
Min days on market:
3
Max days on market:
134
Avg price per sq.ft.:
$597.07
These statistics are generated based on the current listing's property type
and located in
Vi Jubilee. Average values are
derived using median calculations. This data is not produced by the MLS® system.
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