Victoria · Multi-family

1636/1662 Kings Rd

Victoria, British Columbia V8R 2N8

$1,950,000
3,255 sq ftBuilding area10,304 sq ftLot size4 parking spaces2 units

About this home

This two-lot land assembly has special characteristics, making it an unusually interesting option in today's market. With over 82 feet of frontage, proximity to transit and amenities and current zoning, this site lends well to a rental apartment, small condominium, townhouses, or any other multi-family use. Both properties have the same owner, making outcomes secure and easy to navigate. The owner is willing to cooperate to make a smooth streamlined process, to mitigate carrying costs, and is able to cooperate on closing dates, and conditional periods. The adjacent property owners may be interested in joining a sale or redevelopment, opening possibilities for more zoning improvements, density bonuses and parking relaxations for all of the lots. Ask for relevant details about the site created by Design Zone, showing real numbers based on Surveys of the two lots, current zoning, and realistic expectations for parking and buildable area. Asking $1,950,000 total for the two combined lots. (id:67468)

Property details

Property type
Multi-family
Ownership
Freehold
Building area
3,255 sq ft
Parking spaces
4
Lot size
10,304 sq ft
Zoning
GRD-1
Annual property taxes
$8,487
Units
2

MLS® 1051315 · Victoria Real Estate Board

Listed by Aaron Hall · Team 3000 Realty Ltd
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