131-139 Menzies St, Victoria BC V8V 2G4
$3,900,000
01 ba
131-139 Menzies St, Victoria BC V8V 2G4 - Unimproved Land for Sale in Victoria, BC
This 0 bedroom, 1 bathroom unimproved land is listed for sale at $3,900,000 in Victoria, British Columbia. Lot size: 13,504 sq ft (0.31 acres).MLS® #1036055.
131, 135 & 139 Menzies Street offers the opportunity to acquire a fully entitled multifamily development site in Victoria’s James Bay neighbourhood. The ±13,389 SF consolidated site is rezoned and development permit approved for a 4-storey, 43-unit rental apartment building with one ground-floor commercial unit, totaling approximately 29,531 SF of gross building area.
The project is BP ready and remains under the previous building code, providing potential construction cost savings and allowing for near-term development. The approved unit mix includes studios, one-bedroom, two-bedroom, and three-bedroom units designed to support Victoria’s growing rental housing demand.
Located within walking distance of Downtown Victoria, the Inner Harbour, Dallas Road waterfront, grocery stores, restaurants, and transit, the property is well positioned in one of Victoria’s most established and walkable neighbourhoods
Property features include: Waterfront.
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$3,900,000
For Sale
1 / 6
131-139 Menzies St, Victoria BC V8V 2G4
Victoria, BC V8V 2G4
MLS® #1036055
Colliers
0beds
1baths
Property Details
Menzies St Market Report
View comprehensive market analysis for Menzies St including recent sales, pricing trends, and days on market statistics. Compare this property with other homes on the same street to better understand the local market.
View Menzies St Market ReportDescription
131, 135 & 139 Menzies Street offers the opportunity to acquire a fully entitled multifamily development site in Victoria’s James Bay neighbourhood. The ±13,389 SF consolidated site is rezoned and development permit approved for a 4-storey, 43-unit rental apartment building with one ground-floor commercial unit, totaling approximately 29,531 SF of gross building area.
The project is BP ready and remains under the previous building code, providing potential construction cost savings and allowing for near-term development. The approved unit mix includes studios, one-bedroom, two-bedroom, and three-bedroom units designed to support Victoria’s growing rental housing demand.
Located within walking distance of Downtown Victoria, the Inner Harbour, Dallas Road waterfront, grocery stores, restaurants, and transit, the property is well positioned in one of Victoria’s most established and walkable neighbourhoods
Features & Amenities
Waterfront
Dallas King
Personal Real Estate Corporation
RE/MAX Generation
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Location & Community
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Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$21,000
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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Property Location
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