V9A Residential Land & Home Lots for Sale

Commercial Real Estate in V9A available for sale

Residential Land & Home Lots for Sale Within 5 kilometers of V9A

738 Pembroke St

Victoria, BC V8T 1H8

Land for Sale
$1,750,000 CAD
0.19 AC Lot

Victoria Land for Sale

738 Pembroke Street presents a rare opportunity to acquire a strategically located development land in one of Victoria’s most desirable urban corridors. Located just minutes from the Blanshard and Douglas Street Corridors that funnel directly into the Downtown Core. The strategic position places the property at the doorstep of one of the city’s most active redevelopment nodes, with rapid access to major transit routes connecting Greater Victoria. The current house on the property is vacant, allowing for immediate demolition upon permitting approval. Development Potential: The Property Civic Addresses: The subject property is located in the Industry, Arts, and Innovations district allowing for a (3:1 current FSR, up to a 5:1 under the Victoria 2050 OCP. Sub Area - The Rock Bay Slope policy area is intended to accommodate strategically located housing while preserving Victoria’s industrial employment base. The area envisions vibrant mixed-use buildings featuring light industrial, commercial, office, and art/cultural uses at lower levels, with residential and work-live opportunities above

Contact:

Colliers

Property Subtype:

Residential

Date on Market:

2026-06-26

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Development Sites in the Fairfield Neigh

Land for Sale
$3,250,000 CAD
0.31 AC
2 Land Properties

Victoria Portfolio of properties for Sale

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.