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Rare zoning! Now under the new and unique TCD-1 zoning, this site offers a rare chance to build 4-6 storeys with residential units above and commercial space on the ground level, making it an outstanding option for developers, long-term holders, or anyone seeking future mixed-use value in a prime S Jubilee location. The existing 2bd character home offers original hardwood floors, bright kitchen and unfinished lower level that provides immediate use as a residence or rental while you plan your next step. This zoning is truly unique for the area, opening the door to density in a walkable, amenity-rich neighbourhood steps to Oak Bay Ave, RJH, transit, groceries, cafés, and schools. Another potential path is subdivision: previous approval is now conditional on rezoning, and remains an option for buyers wishing to pursue. Building plans for a 2000sqft 4bd/4bth home are available. Whether you develop, hold, build, rent, or explore subdivision, this property delivers flexibility rarely seen in the city. (id:24212)
Full Address:
1905 Lee Avenue, Victoria, British Columbia
Price:
$ 1,150,000
MLS Number:
1020605
List Date:
November 17th, 2025
Neighbourhood:
Jubilee
Lot Size:
5280 ac
Year Built:
1949
Taxes:
$ 5,172
Ownership Type:
Freehold

Property Specifications

Bedrooms:
2
Bathrooms:
1
Air Conditioning:
None
Heating:
Forced air, Natural gas, Wood
Fireplaces:
1

Interior Features

Architectural Style:
Character
Zoning:
Residential/Commercial
Garage Spaces:
2

Building Features

Finished Area:
1715 sq.ft.
Main Floor:
864 sq.ft.
Rooms:

Floors

Lot Size:
5280 ac
Lot Features:
Level lot, Corner Site, Rectangular

Land

Neighbourhood Features

Ratings

Commercial Info

Location

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Neighbourhood Details

Agent: Jessica SalterBrokerage: Alexandrite Real Estate Ltd. Phone: 250-704-9101

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