Exceptional Urban Development Opportunity in Victoria’s vibrant Jubilee neighbourhood, just steps to the Oak Bay border. This rare 65’ x 200’ (13,000 sq ft - taken from BCA) lot offers outstanding potential for multi-family, townhouse, or houseplex development in a prime, centrally located community. Close to the hospital and walkable to Victoria's downtown core, the site is also near transit, schools, and local amenities, supporting increased density in line with City of Victoria planning policies. The existing legal up/down duplex (previously a triplex) provides a flexible holding property with 1,600sq ft on the main floor (2-3 Beds) and a self-contained lower level with multi-suite potential. While updates are required, the true value lies in the land and its significant redevelopment possibilities. Large urban parcels of this size and location are increasingly rare..
Data was last updated March 23, 2026 at 04:05 PM (UTC)
Area Statistics
Listings on market:
24
Avg list price:
$819,450
Min list price:
$359,000
Max list price:
$2,188,000
Avg days on market:
27
Min days on market:
4
Max days on market:
271
Avg price per sq.ft.:
$558.07
These statistics are generated based on the current listing's property type
and located in
Vi Fernwood. Average values are
derived using median calculations. This data is not produced by
the MLS® system.