131-139 Menzies St

Vi James Bay Victoria V8V 2G4

131, 135 & 139 Menzies Street offers the opportunity to acquire a fully entitled multifamily development site in Victoria’s James Bay neighbourhood. The ±13,389 SF consolidated site is rezoned and development permit approved for a 4-storey, 43-unit rental apartment building with one ground-floor commercial unit, totaling approximately 29,531 SF of gross building area. The project is BP ready and remains under the previous building code, providing potential construction cost savings and allowing for near-term development. The approved unit mix includes studios, one-bedroom, two-bedroom, and three-bedroom units designed to support Victoria’s growing rental housing demand. Located within walking distance of Downtown Victoria, the Inner Harbour, Dallas Road waterfront, grocery stores, restaurants, and transit, the property is well positioned in one of Victoria’s most established and walkable neighbourhoods