1130 May Street
Incredible turn-key development opportunity in the heart of Cook Street Village in Fairfield. This 5,525 sqft. lot comes with a City of Victoria approved development permit for four strata units under the Ssmuh initiative. A thoughtfully designed building plan is included, featuring two lower 2-bedroom units offering just over 750 sqft. each, and two spacious upper 3-bedroom, 2-level units each with approximately 1,625 sqft. of finished living space. In the meantime, the property offers an existing one-level, 2-bedroom, 2 bathroom home with a separate storage shed and a sunny backyard, providing immediate holding or rental potential. The property also benefits from rear laneway access for parking in addition to street parking. Ideally located just steps to shops, restaurants, and amenities, and only a few blocks from Dallas Road, Beacon Hill Park, and The Beagle Pub—this is a rare opportunity in one of Victoria's most sought-after neighbourhoods. (id:65032)
Incredible turn-key development opportunity in the heart of Cook Street Village in Fairfield. This 5,525 sqft. lot comes with a City of Victoria approved development permit for four strata units under the Ssmuh initiative. A thoughtfully designed building plan is included, featuring two lower 2-bedroom units offering just over 750 sqft. each, and two spacious upper 3-bedroom, 2-level units each with approximately 1,625 sqft. of finished living space. In the meantime, the property offers an existing one-level, 2-bedroom, 2 bathroom home with a separate storage shed and a sunny backyard, providing immediate holding or rental potential. The property also benefits from rear laneway access for parking in addition to street parking. Ideally located just steps to shops, restaurants, and amenities, and only a few blocks from Dallas Road, Beacon Hill Park, and The Beagle Pub—this is a rare opportunity in one of Victoria's most sought-after neighbourhoods. (id:65032)
Price Details
Home Facts
Listing Details
Cost Breakdown
The estimates above are provided as guidance only and do not constitute financial advice. Actual costs may vary based on your financial situation, lender terms, and current rates. Consult a mortgage professional for accurate calculations.
