Office Listings

1606 Bank St
Vi Jubilee Victoria V8R 4V4

$1,450,000
Residential beds: 3 baths: 2.0 2,239 sq. ft. built: 1908

Main Photo: 1606 Bank St in Victoria: Vi Jubilee Land for sale : MLS®# 989530
Photo 1: 1606 Bank St in Victoria: Vi Jubilee Land for sale : MLS®# 989530
Photo 2: 1606 Bank St in Victoria: Vi Jubilee Land for sale : MLS®# 989530
Photo 3: 1606 Bank St in Victoria: Vi Jubilee Land for sale : MLS®# 989530
Photo 4: 1606 Bank St in Victoria: Vi Jubilee Land for sale : MLS®# 989530
Photo 5: 1606 Bank St in Victoria: Vi Jubilee Land for sale : MLS®# 989530
Photo 6: 1606 Bank St in Victoria: Vi Jubilee Land for sale : MLS®# 989530
Photo 7: 1606 Bank St in Victoria: Vi Jubilee Land for sale : MLS®# 989530
Photo 8: 1606 Bank St in Victoria: Vi Jubilee Land for sale : MLS®# 989530
Photo 9: 1606 Bank St in Victoria: Vi Jubilee Land for sale : MLS®# 989530
Photo 10: 1606 Bank St in Victoria: Vi Jubilee Land for sale : MLS®# 989530
Photo 11: 1606 Bank St in Victoria: Vi Jubilee Land for sale : MLS®# 989530
Status:
Active
Prop. Type:
Residential
MLS® Num:
989530
Bedrooms:
3
Bathrooms:
2
Year Built:
1908
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.
Listing General Location:
Vi Jubilee, Victoria
Bedrooms:
3
Bathrooms:
2.0 (Full:-/Half:-)
Lot Size:
8,100 sq. ft.
Lot Details:
60’ x 135’
Kitchens:
1
Construction:
Stucco
Basement:
Not Full Height, Unfinished, Walk-Out Access, With Windows
Foundation:
Slab
Roof:
Asphalt Shingle
Floor finish:
Carpet, Laminate, Linoleum
Total Building Area:
3,029 sq. ft.
Total Unfinished Area:
790 sq. ft.
# Bedrooms or Dens Total:
4
# Main Level Bedrooms:
2
# Second Level Bedrooms:
1
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
1
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
500 sq. ft.
Living Area Main Floor:
1,344 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
395 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
1
Fireplace Details:
Wood Burning
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Oil, Wood
Fireplace:
Yes
Dining Room
Fenced, Low Maintenance Yard
North on Bank from Oak Bay Ave.
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
City of Victoria
Zoning:
R1-B
Number of 2 piece baths:
0
Number of 3 piece baths:
1
Number of 4 piece baths:
1
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Property Condition:
Land Value Only
Exposure / Faces:
East
Layout:
Main Level Entry with Lower/Upper Lvl(s)
Lot Site Features:
Level, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk
Attached Garage:
No
Carport Spaces:
1
Garage Spaces:
0
Garage:
No
Parking Features:
Carport, Detached
Total Parking Spaces:
3
Date Listed:
Mar 06, 2025
Original Price:
1450000.0
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Listed by RE/MAX Generation
Data was last updated June 1, 2025 at 12:05 PM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$680,000
Min list price:
$369,980
Max list price:
$2,195,000
Avg days on market:
39
Min days on market:
5
Max days on market:
87
Avg price per sq.ft.:
$596.71
These statistics are generated based on the current listing's property type and located in Vi Jubilee. Average values are derived using median calculations.
BRAD HERD
Brad Herd
Cell: 250-532-3863
Office: 250-386-8875
Toll Free: 866-880-8575
Beds (Min)
Any
1
2
3
4
5
Baths (Min)
Any
1
2
3
4
5
Priced between $ & $
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.