Residential

Property Description

Roll up your sleeves, fire up the excavator and let your imagination take over. Set on a level 7,050 sq. ft. lot (approximately 50' x 141') on the border of Fernwood and Jubilee, this property is ready for its next chapter. The existing 1920 home offers approximately 2,000 sq. ft. with 3 bedrooms, 1 bathroom and a walk-out basement with a separate entrance, but the real value lies in the land. Zoned GRD-1 (PGA), this prime site offers exciting redevelopment potential in one of Victoria's most desirable central neighbourhoods. Just minutes from Royal Jubilee Hospital, Fernwood Village, schools, parks, transit and downtown. Buyers are encouraged to complete their own due diligence with the City of Victoria regarding zoning, permitted uses, density, development potential and any approvals required for their intended use. Some homes need a little TLC. This one may need a farewell party. Fortunately, what's standing on the lot isn't the story here - it's what's possible next.