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1303 Fairfield Rd 0.24 Acres of Commercial Land Offered at $2,900,000 CAD in Victoria, BC V8S 1E3
INVESTMENT HIGHLIGHTS
- Corner site in Fairfield with zoning for mixed-use or multifamily.
- Located near Cook Street Village, Beacon Hill Park, and Moss Street Market.
- Potential for increased density under updated OCP framework.
- Previously approved development plans available upon request.
- Strong community amenities including schools, parks, and transit.
- Environmental and geotechnical reports available for review.
EXECUTIVE SUMMARY
1303 Fairfield Road presents a rare opportunity to acquire a prime corner development site in one of Victoria’s most desirable residential enclaves. The property is surrounded by a vibrant community fabric, with immediate access to schools, parks, shopping, and transit. Sir James Douglas Elementary is steps away, and the site is within walking distance of Cook Street Village, Beacon Hill Park, and the Moss Street Market. Environmental and geotechnical reports are available, along with previously approved development plans for a mixed-use project, streamlining the path to construction.
This offering is ideal for developers seeking a well-located urban infill site with zoning in place and strong community amenities. The Fairfield neighbourhood is known for its walkability, charm, and proximity to Downtown Victoria, making it a compelling location for residential or mixed-use development.
This offering is ideal for developers seeking a well-located urban infill site with zoning in place and strong community amenities. The Fairfield neighbourhood is known for its walkability, charm, and proximity to Downtown Victoria, making it a compelling location for residential or mixed-use development.
PROPERTY FACTS Under Contract
| Price | $2,900,000 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.24 AC |
| Property Type | Land | ||
| Zoning | C1-MF - Moss & Fairfield Limited Commercial District | ||
| Price | $2,900,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.24 AC |
| Zoning | C1-MF - Moss & Fairfield Limited Commercial District |
1 LOT AVAILABLE
Lot 1
| Price | $2,900,000 CAD | Lot Size | 0.24 AC |
| Price Per AC | $12,217,007.76 CAD |
| Price | $2,900,000 CAD |
| Price Per AC | $12,217,007.76 CAD |
| Lot Size | 0.24 AC |
10,340 SF of raw, sloping development land at the corner of Fairfield Rd and Moss St.
DESCRIPTION
Located at the intersection of Moss Street and Fairfield Road, this 10,340 SF parcel is zoned C1-MF, enabling a wide range of permitted uses including multifamily residential, retail, restaurant, daycare, and personal services. The site benefits from a Small Urban Village OCP designation, with a current FSR of 1.7:1 and potential for increased density as the City of Victoria updates its planning framework—staff have already expressed support for this enhancement.
Walk Score®
Walker's Paradise (90)
Transit Score®
Excellent Transit (73)
Bike Score®
Very Bikeable (81)
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1303 Fairfield Rd
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