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1326 Pandora Av 0.14 Acres of Residential Land Offered at $800,963 USD in Victoria, BC V8V 3R5
Investment Highlights
- Development Permit approved and zoning in place for construction of a four-townhome residential project.
- R-114 zoning designation provides a defined development framework for a missing-middle housing opportunity.
- Centrally located in Victoria's Fernwood neighbourhood with convenient access to downtown amenities, services, and employment centres.
- Entitlement work has been completed, allowing developers to focus on design, construction planning, and project execution.
Executive Summary
Colliers is pleased to present the opportunity to acquire a centrally located townhouse development site in Victoria. The site totals 5,940 SF and is rezoned with Development Permit (DP) in hand. The Property has been successfully rezoned to R-114 Zone (1326 Pandora Street District) to accommodate a four-unit townhome development, offering an excellent opportunity for residential development.
The new zoning will permit four (4) townhomes to be constructed allowing prospective purchasers to design their own missing middle project in a highly central location in Victoria.
The new zoning will permit four (4) townhomes to be constructed allowing prospective purchasers to design their own missing middle project in a highly central location in Victoria.
Property Facts
| Price | $800,963 USD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 0.14 AC |
| Property Type | Land | ||
| Zoning | R-114 | ||
| Price | $800,963 USD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 0.14 AC |
| Zoning | R-114 |
1 Lot Available
Lot
| Price | $800,963 USD | Lot Size | 0.14 AC |
| Price Per AC | $5,873,710.04 USD |
| Price | $800,963 USD |
| Price Per AC | $5,873,710.04 USD |
| Lot Size | 0.14 AC |
1 1
Exceptionally walkable
90/100
Fairly drivable
50/100
Good public transit
70/100
Moderately bikeable
70/100
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1326 Pandora Av
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