2306-2314 Richmond Road

OPPORTUNITY: Excellent opportunity to acquire three contiguous lots in Victoria’s North Jubilee Neighborhood. This high-profile site is located opposite the Royal Jubilee Hospital and benefits from excellent traffic exposure and is close to all amenities nearby.

PROPERTY DESCRIPTION : The site is rectangular in shape with improvements that include three single family dwellings with 158.50 feet of frontage on Richmond Road. Creative thinkers will love the potential for this exciting opportunity to create something special for the community in this vibrant neighbourhood. The Sellers are willing to rent back their homes while a buyer creates their vision for the project, all three homes in great shape and well maintained over the years. With much new development in the immediate area one can imagine many different uses for the land. NEIGHBORHOOD DESCRIPTION: The property is located within the North Jubilee Neighborhood of Victoria. The area is experience considerable growth with infill redevelopments and larger multifamily and senior housing developments under construction nearby. Major amenities including medical services, pharmacies, grocery and retail services are all within a close proximity to the subject assembly. ZONING AND OCP DESIGNATION: The subject property is zoned R1-B – Single Family Dwelling District. The Official Community Plan (OCP) supports multi-unit buildings up to three storeys, including attached residential and apartments, on arterial and secondary arterial roads. Richmond Road would qualify as an arterial for the purposes of the OCP.