Situated in one of Victoria’s desirable urban pockets, 2639 Prior Street offers a rare opportunity to acquire a family home with excellent development upside. The property is currently zoned R2, supporting duplexes, and lies within the Official Community Plan (OCP) designation for Urban Residential, which supports low-rise multifamily development up to 4 or 6 storeys. The lot has more promising development upside compared to other options on the market due to the dual street frontage. With access from both Prior Street and Bakery Mews, two legal roads, it provides significant design flexibility for improved unit layouts, a dream template to work with. Just steps from Quadra Village, transit, and with an easy connection to downtown, this lot combines pro-development policy, proven zoning, and a livable location - it's a strong candidate for immediate development or generating income with the existing structure.
Address
2639 Prior St
List Price
$899,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Style of Home
Character
Transaction Type
Sale
Area
Victoria
Sub-Area
Vi Oaklands
Bedrooms
2
Bathrooms
1
Floor Area
1,236 Sq. Ft.
Lot Size
6250 Sq. Ft.
Lot Size (Acres)
0.14 Ac.
Year Built
1912
MLS® Number
1015019
Listing Brokerage
RE/MAX Camosun
Basement Area
Unfinished
Postal Code
V8T 3X7
Tax Amount
$5,254.19
Tax Year
2025
Features
Dining Room, Eating Area, F/S/W/D, Hardwood, Oil, Vinyl
Amenities
Balcony/Patio, Central Location, Easy Access, Family-Oriented Neighbourhood, Fencing: Partial, Quiet Area, Rectangular Lot, Serviced, Shopping Nearby, Storage Shed