This large Urban Village designated development site allows for low to mid-rise multi-family or mixed-use buildings and structures up to six (6) storeys. The total site size is approximately 8,279 square feet, with 99 feet of frontage along Fort Street. There is holding income from an existing tenant, Individual Dry Cleaners, a company affiliated with the vendor, on a minimum 2-year lease-back. 1522-1532 Pandora Avenue is also available for purchase under a separate offering. Combined, these properties would represent an exceptional redevelopment opportunity with holding income.
1602 Fort Street: LOT 3, SECTION 75, VICTORIA DISTRICT, PLAN 26641, PID: 002-371-804
1608 Fort Street: LOT 13, SECTION 75, VICTORIA DISTRICT, PLAN 1042, EXCEPT THE SOUTHERLY PORTION THEREOF REQUIRED FOR WIDENING FORT STREET, DESCRIBED AS FOLLOWS: COMMENCING AT A POINT ON THE EASTERLY BOUNDARY OF SAID LOT 13 A DISTANCE OF 11.25 FEET MEASURED NORTHERLY FROM THE SOUTH EASTERLY CORNER THEREOF; THENCE SOUTHERLY 11.25 FEET TO THE SAID SOUTH EASTERLY CORNER;THENCE WESTERLY ALONG THE SOUTHERLY BOUNDARY 50 FEET TO THE SOUTH WESTERLY CORNER OF SAID LOT; THENCE NORTHERLY ALONG THE WESTERLY BOUNDARY OF SAID LOT 11.83 FEET; THENCE EASTERLY 48.91 FEET MORE OR LESS TO THE POINT OF COMMENCEMENT. PID: 003-843-041
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Listed by Colliers
Data was last updated January 22, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
70
Avg list price:
$857,450
Min list price:
$39,879
Max list price:
$6,900,000
Avg days on market:
103
Min days on market:
1
Max days on market:
737
These statistics are generated based on the current listing's property type
and located in
Victoria. Average values are
derived using median calculations.