Rare zoning! Now under the new TCD-1 zoning, this site offers a rare chance to build 4-6 storeys with residential units above and commercial space on the ground level, making it an outstanding option for developers, long-term holders, or anyone seeking future mixed-use value in a prime S Jubilee location. The existing 2bd character home offers original hardwood floors, bright kitchen and unfinished lower level that provides immediate use as a residence or rental while you plan your next step. This zoning is truly unique for the area, opening the door to density in a walkable, amenity-rich neighbourhood steps to Oak Bay Ave, RJH, transit, groceries, cafés, and schools. Another potential path is subdivision: previous approval is now conditional on rezoning, and remains an option for buyers wishing to pursue. Building plans for a 2000sqft 4bd/4bth home are available. Whether you develop, hold, build, rent, or explore subdivision, this property delivers flexibility rarely seen in the city.

Interior Features Of 1905 Lee, Jubilee, Victoria

Dining Room

Appliances Included:

Dishwasher, F/S/W/D

Exterior Features Of 1905 Lee, Jubilee, Victoria

Balcony/Patio, Fencing: Partial

Lot Features Of 1905 Lee, Jubilee, Victoria

Corner Lot, Level, Rectangular Lot

Location Features:

Basement, Transit Nearby

Listed by Alexandrite Real Estate Ltd..