Address

1612 Quadra St, Victoria, BC

Price

$2,199,900

Property Description

Seize a rare opportunity that comes once in a blue moon to own a coveted corner lot in the vibrant heart of downtown Victoria! Rosedale Manor is a six-unit (5 units are 2 beds/1bath & 1 unit is 1 bed/1bath) multi-family building brimming with potential, offering unmatched versatility in a prime location with impressively spacious sized units. Zoned CA-3 (Central Area General Commercial District), this property permits a wide range of uses, including residential, office, retail, restaurant, transient accommodations, and many more. Currently zoned for up to 3:1 FSR. Within the OCP core residential urban place designation, this can potentially reach a maximum of 5.5:1 FSR. Within steps away, the City approved to redevelop a new facility at Crystal pool. This future landmark is enhancing the area's appeal. Whether you envision a dynamic mixed-use development, a revitalization project, or an investment, this is your chance to secure a presence in one of Victoria’s evolving neighbourhoods.