Attention Builders/Developers: Missing Middle Market development opportunity. This property recently was granted conditional rezoning/subdivision approval for small lot development. Centrally located and only steps away from a major transit route, this corner property features a 2-story character home with an adjacent 2530 s.f. lot and plans for a 2000 s.f., 4 bedroom, 4 bath home. Steps from the Jubilee Hospital, Save-on Foods, Oak Bay Rec, and Oak Bay Village, this property is ideal for a builder/developer looking for a solid investment in a prime location with an excellent school catchment. Live in the existing home while you build next door, or rezone the parcels for higher density (5-6 units). The charming 2-bedroom home features a sun-drenched living room, wood flooring, a formal dining room, a bright & spacious kitchen, and one full bath. The lower level is unfinished & provides ample space for storage or further development. Don’t miss out on this must-see property! (id:49542)
| MLS® Number | 968022 |
| Property Type | Single Family |
| Neigbourhood | Jubilee |
| Features | Level Lot, Corner Site, Rectangular |
| Parking Space Total | 2 |
| Plan | 5969 |
| Bathroom Total | 1 |
| Bedrooms Total | 2 |
| Architectural Style | Character |
| Constructed Date | 1949 |
| Cooling Type | None |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1715 Sqft |
| Total Finished Area | 864 Sqft |
| Type | House |
| Acreage | No |
| Size Irregular | 5280 |
| Size Total | 5280 Sqft |
| Size Total Text | 5280 Sqft |
| Zoning Description | R1-s2/r1-s32 |
| Zoning Type | Residential |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Unfinished Room | 13' x 11' | ||
| Lower Level | Unfinished Room | 31' x 15' | ||
| Main Level | Bedroom | 13' x 9' | ||
| Main Level | Bathroom | 10' x 5' | ||
| Main Level | Primary Bedroom | 13' x 12' | ||
| Main Level | Kitchen | 14' x 10' | ||
| Main Level | Dining Room | 12' x 8' | ||
| Main Level | Living Room | 15' x 12' | ||
| Main Level | Entrance | 9' x 3' |
https://www.realtor.ca/real-estate/27066699/1905-lee-ave-victoria-jubilee
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