This two-lot land assembly has special characteristics, making it an unusually interesting option in today's market. With over 82 feet of frontage, proximity to transit and amenities and current zoning, this site lends well to a rental apartment, small condominium, townhouses, or any other multi-family use. Both properties have the same owner, making outcomes secure and easy to navigate. The owner is willing to cooperate to make a smooth streamlined process, to mitigate carrying costs, and is able to cooperate on closing dates, and conditional periods. The adjacent property owners may be interested in joining a sale or redevelopment, opening possibilities for more zoning improvements, density bonuses and parking relaxations for all of the lots. Ask for relevant details about the site created by Design Zone, showing real numbers based on Surveys of the two lots, current zoning, and realistic expectations for parking and buildable area. Asking $1,950,000 total for the two combined lots.
Address
1636/1662 Kings Rd
List Price
$1,950,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Style of Home
Cottage/Cabin
Transaction Type
Sale
Area
Victoria
Sub-Area
Vi Oaklands
Bedrooms
4
Bathrooms
2
Floor Area
1,605 Sq. Ft.
Lot Size
10304.25 Sq. Ft.
Lot Size (Acres)
0.23 Ac.
Year Built
1949
MLS® Number
1050258
Listing Brokerage
Team 3000 Realty Ltd
Basement Area
Full, Partially Finished
Postal Code
V8R 2N8
Tax Amount
$8,487.00
Tax Year
2026
Features
Baseboard, Electric, Insulated Windows, Wood
Amenities
Central Location, Easy Access, Family-Oriented Neighbourhood, Level, Primary Bedroom on Main, Quiet Area, Rectangular Lot
