Situated in one of Victoria’s desirable urban pockets, 2639 Prior Street offers a rare opportunity to acquire a small-scale development site with meaningful upside and minimal red tape. The property is currently zoned R2 (Two Family Dwelling) and lies within the Official Community Plan (OCP) designation for Urban Residential, supporting low-rise multifamily development up to 4 storeys or potentially 6. What makes this site stand out is its dual street frontage, with access from both Prior Street and Bakery Mews, two legal roads offering design flexibility and potential for enhanced unit layouts, laneway access, or stratified infill. Just steps from Quadra Village, transit, and an easy connection to downtown, this lot blends pro-development policy, proven zoning, and livable location - it's a strong candidate for immediate development or holding income with the existing structure.
Address
2639 Prior St
List Price
$1,050,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Area
Victoria
Sub-Area
Vi Oaklands
Bedrooms
2
Bathrooms
1
Floor Area
1,250 Sq. Ft.
Lot Size
6250 Sq. Ft.
Lot Size (Acres)
0.14 Ac.
Year Built
1912
MLS® Number
1004367
Listing Brokerage
RE/MAX Camosun
Basement Area
Other
Postal Code
V8T 3X7
Tax Amount
$5,014.33
Tax Year
2024
Features
Other
Amenities
Balcony/Patio, Fencing: Partial, Rectangular Lot, See Remarks
