Property Description

Exceptional Urban Development Opportunity in Victoria’s vibrant Jubilee neighbourhood, just steps to the Oak Bay border. This rare 65’ x 200’ (13,000 sq ft - taken from BCA) lot offers outstanding potential for multi-family, townhouse, or houseplex development in a prime, centrally located community. Close to the hospital and walkable to Victoria's downtown core, the site is also near transit, schools, and local amenities, supporting increased density in line with City of Victoria planning policies. The existing legal up/down duplex (previously a triplex) provides a flexible holding property with 1,600sq ft on the main floor (2-3 Beds) and a self-contained lower level with multi-suite potential. While updates are required, the true value lies in the land and its significant redevelopment possibilities. Large urban parcels of this size and location are increasingly rare. *Priced $230,000 below Assessed Value*

Property Details

  • Property ID:31815062
  • Price:$1,299,000
  • Property Type:Residential
  • Bedrooms:5
  • Bathrooms:3
  • Lot Size:13000.00 sq ft
  • Living Area:3201.00 sq ft
  • Year Built:1955
  • Parking:2 spaces
  • Status:Active
  • City:Victoria
  • State/Province:BC
  • Postal Code:V8R 1Y4
  • Listing Agent:Mike Chubey
  • Office:Macdonald Realty Victoria

Condition

  • 3 Bedrooms
  • 2 Bathroom
  • 1 Garage
  • 1 Balcony
  • 4800 sq ft
  • TV

Features

  • Air conditioning
  • Wifi
  • Swimming Pool
  • Double Bed
  • Balcony
  • Telephone
  • Garage
  • Parking
  • TV
  • Home Theater
  • Alarm
  • Garage
  • Gym
  • Electric Range
  • Private space

Floor Plans

Size Rooms Bathrooms
1600 3 2
floor-plans

Property Vedio

Property Location