About this home

DEVELOPMENT OPPORTUNITY. Land assembly site in the city of Victoria. 2341 Howard & 2345 Howard are being sold together. A site totalling approximately 10,900 sq ft of developable land. The properties are designated "Small Urban Village" Land Use in the Fernwood Neighbourhood Plan which was recently approved. The location is ideally situated in very close proximity to shopping, amenities, Royal Jubilee Hospital, Downtown Victoria, all levels of school and is on a major Bus Route. The site offers frontages on three sides, Bay St, Shelbourne St & Howard St. The location would be highly sought after by people looking for multi-family housing. Each property significantly improved with a single-family home, creating significant holding income. Buyers to verify development potential with the City of Victoria. To be purchased as a package of 2341 & 2345 Howard. Total List Price for Land Assembly $2,500,000. No access to the homes without an accepted offer. Contact for an information package.

Home facts and features

Price details

List Price

$1,300,000

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Gross Taxes for 2022

$3,459

Home facts

Bedrooms

Full Bathrooms

Property Type

Land/Lot

Lot Size

5150 ft²

Title

Freehold

Community

Fernwood

Agent details

Primary Agent

Lea Cathcart PREC*

Primary Broker

NAI Commercial (Victoria) Inc.

Secondary Agent

Steve Nguyen PREC*

Secondary Broker

NAI Commercial (Victoria) Inc.

Listing details

Days on REW

186 Days

Property Views

196

MLS® Number

919633

Source

Victoria and Vancouver Island MLS

Mortgage Calculator

4.79%
/mo
5 Year

REW Money

4.79%
/mo
5 Year

5.04%
/mo
3 Year

REW Money

5.04%
/mo
3 Year

5.64%
/mo
2 Year

REW Money

5.64%
/mo
2 Year

5.89%
/mo
1 Year

REW Money

5.89%
/mo
1 Year

5.89%
/mo
10 Year

REW Money

5.89%
/mo
10 Year

5.80%
/mo
5 Year

REW Money

5.80%
/mo
5 Year

Advertised rates are not guaranteed and the rate provided by any financial institution listed, or any approval or decline you receive, will be based solely on your personal situation. The advertised rates are provided as guidance only and the accuracy of these rates is not guaranteed. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

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