Situated in one of Victoria’s desirable urban pockets, 2639 Prior Street offers a rare opportunity to acquire a family home with excellent development upside. The property is currently zoned R2, supporting duplexes, and lies within the Official Community Plan (OCP) designation for Urban Residential, which supports low-rise multifamily development up to 4 or 6 storeys. The lot has more promising development upside compared to other options on the market due to the dual street frontage. With access from both Prior Street and Bakery Mews, two legal roads, it provides significant design flexibility for improved unit layouts, a dream template to work with. Just steps from Quadra Village, transit, and with an easy connection to downtown, this lot combines pro-development policy, proven zoning, and a livable location - it's a strong candidate for immediate development or generating income with the existing structure.

Interior Features Of 2639 Prior, Oaklands, Victoria

Dining Room, Eating Area

Appliances Included:

F/S/W/D

Exterior Features Of 2639 Prior, Oaklands, Victoria

Balcony/Patio, Fencing: Partial

Other Structures At 2639 Prior, Oaklands, Victoria

Storage Shed

Lot Features Of 2639 Prior, Oaklands, Victoria

Central Location, Easy Access, Family-Oriented Neighbourhood, Quiet Area, Rectangular Lot, Serviced, Shopping Nearby

Location Features:

Transit Nearby

Listed by RE/MAX Camosun.