1612 Quadra Street, Downtown Victoria

Description

Seize a rare opportunity that comes once in a blue moon to own a coveted corner lot in the vibrant heart of downtown Victoria! Rosedale Manor is a six-unit multi-family building brimming with potential, offering unmatched versatility in a prime location. Zoned CA-3 (Central Area General Commercial District), this property permits a wide range of uses, including residential, office, retail, restaurant, transient accommodations, and many more. Currently zoned for up to 3:1 FSR. Within the OCP core residential urban place designation, this can potentially reach a maximum of 5.5:1 FSR. The City has recently been approved up to $215 million to redevelop a new facility at Crystal pool. This future landmark, along with ongoing city upgrades, is enhancing the area's appeal. Whether you envision a dynamic mixed-use development, a revitalization project, or a high-yield investment, this is your chance to secure a presence in one of Victoria’s most sought-after and evolving neighbourhoods. Don’t let this opportunity pass—act now! (id:39198)