Introducing a four parcel land Assembly and development opportunity consisting of 3 properties on Burnside Road East and 1 on Washington Ave which are all inclusive of a Family Estate. The City of Victoria is undergoing a major update to the Official Community Plan and it's associated development potential in much of the city, and is in much favor and support for higher density development in the Burnside area. The City council will be returning to move this motion forward in April for final direction to finalize the new draft of the OCP at the end of August. These updates are in part to comply with New Provincial mandates and legislation to create more
housing in the Victoria area, and the timing could not be better for developers!
Given the direction and timeline of the new OCP which helps make this development opportunity one to consider for newer higher density housing. Please call today for all information regarding this exciting and lucrative opportunity.More details
Calling all investors and developers! Here's an exceptional opportunity aligned with the "Missing Middle Initiative" in Greater Victoria. Unlock the potential to rezone and construct townhouses or explore the option to subdivide and build multiple 4-6 plexus. For an even more extensive development venture, the adjacent property at 3165 Balfour is also available for purchase (MLS 951841). This promising venture features a level 10,800+ sq/ft rectangular lot on Balfour, strategically positioned just five doors in from Burnside Rd. Don't miss out on this prime development site, ideal for a two-lot subdivision or a multi-unit project when combined with 3165 Balfour Ave.More details
Attention investors! Attention Developer's! Great "Missing Middle Initiative" opportunity in Greater Victoria. Neighbouring property 3175 Balfour can also be purchased (MLS 942911) Level 10,800+ sq/ft rectangular property on Balfour, five doors in from Burnside Rd. Great development site for 2 lot subdivision and or multi-unit site if purchased with 3175 Balfour Ave. Great holding property as the house has a self-contained 2 BR suite downstairs.More details
Incredible Development Opportunity for Builders & Investors! Proposed Lot A offers approx. 12,694 sqft of prime, flat building site awaiting final subdivision approval for 4 detached strata houses—each thoughtfully designed by Zebra designs at approx. 2,600 sqft, with 3 beds & 3 baths on the main and a 1 bed,1 bath legal suite! Located on a quiet, tree-lined street, this site is steps to the Gorge Waterway—perfect for summer swimming, kayaking & paddleboarding. Enjoy a short stroll to a brand new children’s park, complete with a BMX bike park and basketball court. The Galloping Goose Trail is at your doorstep, offering a 10-minute bike ride to Downtown Victoria, Uptown, or Mayfair Mall. Victoria’s vibrant microbrewery district, Glo Europub & Arbutus Park, a rare off-leash waterfront dog park just down the street. This is an unbeatable lifestyle location and a rare potential development opportunity in one of Victoria’s most connected, up-and-coming neighbourhoods. Call for more details.More details
Investor Alert! Half duplex with 3 suites producing very attractive net revenue figures. This fantastic investment property is located near all amenities and transit, making it an ideal home for prospective tenants. All suites currently rented to great tenants who would like to stay. The ground level contains a one bedroom plus den suite and a separate one-bedroom suite. A large 2 bedroom and 2-bathroom suite covers the upper level with a large walk out balcony. Recent upgrades include new countertops and integral sinks. There is also a new high efficiency condensing combination gas boiler supplying on demand hot water and in-floor hydronic heating. Along with having a double wide driveway with ample parking, the property is within walking distance of the Tillicum Shopping Centre and the Gorge Waterway and is very central to other amenities throughout Victoria including bus routes to UVIC and access to the Galloping Goose for cyclists. Reach out today to book your private viewing!More details