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1606 Bank St
Vi Jubilee Victoria V8R 4V4

$1,499,000
Residential beds: 3 baths: 2.0 2,239 sq. ft. built: 1908

Main Photo: 1606 Bank St in Victoria: Vi Jubilee Single Family Residence for sale : MLS®# 1020527
Photo 1: 1606 Bank St in Victoria: Vi Jubilee Single Family Residence for sale : MLS®# 1020527
Photo 2: 1606 Bank St in Victoria: Vi Jubilee Single Family Residence for sale : MLS®# 1020527
Photo 3: 1606 Bank St in Victoria: Vi Jubilee Single Family Residence for sale : MLS®# 1020527
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Status:
Active
Prop. Type:
Residential
MLS® Num:
1020527
Bedrooms:
3
Bathrooms:
2
Year Built:
1908
A rare, turnkey 6-plex development site ready to go! This 60x135’ lot comes with a nearly approved DP and plans for six well-designed units: one 1-bed, three 2-beds, and two 3-beds, totaling approx. 6,100 sq ft plus outdoor amenities. Situated on a quiet residential street across from Sundance-Bank Elementary and just steps to Oak Bay Ave and Royal Jubilee Hospital. Designed under Victoria’s Missing Middle program, offering a clear path to stratification and excellent market appeal. Save time, reduce risk, and jump into a quick, profitable build. (Listing is for the site only, not construction. Measurements and data input are for the existing structure) (Listing is for the site only, not construction. Measurements and data input are for the existing structure)
Property Type:
Residential
Type:
Single Family Residence
Year built:
1908 (Age: 117)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
2,239 sq. ft.
Listing General Location:
Vi Jubilee, Victoria
Bedrooms:
3
Bathrooms:
2.0 (Full:-/Half:-)
Lot Size:
8,100 sq. ft.
Lot Details:
60’ x 135’
Kitchens:
1
Taxes:
Construction:
Stucco
Basement:
Not Full Height, Unfinished, Walk-Out Access, With Windows
Foundation:
Slab
Roof:
Asphalt Shingle
Ceiling Heights:
Floor finish:
Carpet, Laminate, Linoleum
Total Building Area:
3,029 sq. ft.
Total Unfinished Area:
790 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
4
# Main Level Bedrooms:
2
# Second Level Bedrooms:
1
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
1
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
500 sq. ft.
Living Area Main Floor:
1,344 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
395 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
1
Fireplace Details:
Wood Burning
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Oil, Wood
Fireplace:
Yes
Pending Date:
Dining Room
Fenced, Low Maintenance Yard
North on Bank from Oak Bay Ave.
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
2nd Floor
2nd Floor
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Floor
Ensuite
Pieces
Other
Main Floor
Lower Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Victoria
Legal Description:
Zoning:
R1-B
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
1
Number of 4 piece baths:
1
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Property Condition:
Land Value Only
Exposure / Faces:
East
Layout:
Main Level Entry with Lower/Upper Lvl(s)
Lot Site Features:
Level, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk
Attached Garage:
No
Carport Spaces:
1
Garage Spaces:
0
Garage:
No
Parking Features:
Carport, Detached
Total Parking Spaces:
3
Total Units:
Date Listed:
Nov 12, 2025
Original Price:
1499000.0
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Listed by RE/MAX Camosun
Data was last updated November 15, 2025 at 04:05 AM (UTC)
Area Statistics
Listings on market:
21
Avg list price:
$799,000
Min list price:
$340,000
Max list price:
$1,999,999
Avg days on market:
50
Min days on market:
8
Max days on market:
99
Avg price per sq.ft.:
$651.7
These statistics are generated based on the current listing's property type and located in Vi Jubilee. Average values are derived using median calculations. This data is not produced by the MLS® system.
DAVID SILLETTA
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.