Now available to purchase is this Large Inner city lot with a multitude of development opportunities which is located close to all shopping, schools , local amenities. and Downtown Victoria. The property was rezoned by the City of Victoria October 2nd, 2025 and is now located in the newly created GRD-1 Zone. On any lot located in the GRD-1 Zone you are permitted to have a garden suite or a detached accessory building, as well as the principal dwelling unit. The new GRD-1 Zone also has different Categories of development potential and is based on the level of density that you are proposing to build on the lot itself. All questions and development enquiries should be confirmed with the City of Victoria planning department.
Also there is potential for a 4 lot high density land assembly with the adjacent properties .Call today for all information on this excellent opportunity!
Data was last updated March 12, 2026 at 10:05 PM (UTC)
Area Statistics
Listings on market:
35
Avg list price:
$539,900
Min list price:
$319,000
Max list price:
$1,650,000
Avg days on market:
42
Min days on market:
7
Max days on market:
323
Avg price per sq.ft.:
$621.99
These statistics are generated based on the current listing's property type
and located in
Vi Burnside. Average values are
derived using median calculations. This data is not produced by
the MLS® system.