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Development Sites in the Fairfield Neigh 2 Land Properties Offered at $3,250,000 CAD in Victoria, BC

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INVESTMENT HIGHLIGHTS

  • The subject properties are located on the periphery of Victoria’s downtown core in Fairfield.
  • Should a prospective purchaser desire higher density development, 931 McClure Street is designated up to a 2.5 FSR and 6 storeys in height and 956 Hey
  • Both properties are zoned for multiple dwelling use and building heights of 4 storeys.
  • Both locations benefit from extremely walkable and bikeable neighbourhoods surrounded by numerous amenities and services.

EXECUTIVE SUMMARY

Colliers is pleased to offer for sale two (2) exceptionally located, multifamily development opportunities in the Fairfield neighbourhood of Victoria, B.C. The locations offer convenient access to downtown Victoria, Cook Street Village, Beacon Hill Park and other nearby amenities, recreational activities, and schools. Both sites are zoned, offering varying density, but permit multiple dwelling developments of anywhere from three (3) to six (6) storeys. In-place zoning allows prospective purchasers to propose their own missing middle project. While it is the owner’s preference to sell both development sites to one purchaser, it will entertain offers on each property individually.

PROPERTY FACTS

Price $3,250,000 CAD
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Land Area 0.31 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE INDIVIDUAL PRICE
931 Mcclure St, Victoria, BC V8V 3E8 Land 0.17 AC -
956 Heywood Av, Victoria, BC V8V 2Y4 Land 0.14 AC -
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  • Listing ID: 32567344

  • Date on Market: 2024-07-24

  • Last Updated:

  • Address: Development Sites in the Fairfield Neigh, Victoria, BC

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