Situated in one of Victoria’s desirable urban pockets, 2639 Prior Street offers a rare opportunity to acquire a small-scale development site with meaningful upside and minimal red tape. The property is currently zoned R2 (Two Family Dwelling) and lies within the Official Community Plan (OCP) designation for Urban Residential, supporting low-rise multifamily development up to 4 storeys. What makes this site stand out is its dual street frontage, with access from both Prior Street and Bakery Mews, two legal roads offering design flexibility and potential for enhanced unit layouts, laneway access, or stratified infill. Just steps from Quadra Village, transit, and an easy connection to downtown, this lot blends pro-development policy, proven zoning, and livable location - it's a strong candidate for immediate development or strategic land holding.
Property Type:
Commercial Sale
Type:
Unimproved Land
Commercial Type:
Land
Lease Type:
Sale of Assets
Listing General Location:
Vi Hillside, Victoria
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
6,250 sq. ft.581 m2
Building Features:
Shopping Nearby, Transit Nearby
Water supply:
Municipal
Sewer:
Sewer To Lot
Fireplace:
No
Parking
Fencing: Partial
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
City of Victoria
Lot Site Features:
Central Location, Rectangular Lot, Shopping Nearby
Data was last updated July 19, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
106
Avg list price:
$1,287,500
Min list price:
$10,000
Max list price:
$13,500,000
Avg days on market:
96
Min days on market:
3
Max days on market:
915
These statistics are generated based on the current listing's property type
and located in
Victoria. Average values are
derived using median calculations. This data is not produced by the MLS® system.