395 St. Charles St Victoria, British Columbia V8S 3N2
$2,400,000
Development Opportunity: Approved 8-Unit Townhouse Project at Chancler & St. Charles, Victoria, BC. Seize a prime investment opportunity in Victoria’s South Fairfield Gonzales neighbourhood, just steps from the Salish Sea, with this 9,200 sq ft development site at the corner of Chandler and St. Charles. Fully zoned and development permit-approved, offering a streamlined path to profitability in one of Victoria’s most desirable markets, minutes from downtown Victoria. A boutique collection of eight modern townhouses, featuring contemporary architecture that will enhance the neighbourhood and stand the design test of time. Tailored to meet strong market demand for Missing Middle price points, the project includes four ground-floor, single-level one- and two-bedroom units, ranging from 650 to 850 sq ft, with private entrances and generous patios, ideal for downsizers, young professionals, and families. Above these are four two-story, three-bedroom units of approximately 1,500 to 1,800 sq ft, with dramatic ceiling heights in main living areas and private rooftop decks, designed to attract families seeking unique, premium living spaces. Situated in South Fairfield, close to Ross Bay and Ross Bay Shopping Centre, steps away from Thrifties, Hollywood Park’s tennis courts, and the beautiful sandy Gonzales Bay Beach. Whether by foot, bike, or transit, residents can commute with ease to Oak Bay Village, Cook Street Village, and Downtown Victoria. This quiet, residential enclave of Fairfield Gonzales provides everything needed for a well-connected, active lifestyle, The project includes four dedicated parking spaces and two Modo car-share memberships per home, enhancing marketability by blending convenience with sustainable living. With zoning and permits secured, this development eliminates upfront hurdles, allowing you to focus on execution and capitalize on Victoria’s robust demand for premium, Missing Middle residential properties. (id:29647)
Property Details
| MLS® Number | 1006393 |
| Property Type | Vacant Land |
| Neigbourhood | Fairfield East |
| Features | Level Lot, Private Setting, Corner Site, Rectangular |
| Parking Space Total | 2 |
| Plan | Vip10430 |
| Structure | Shed |
Building
| Bathroom Total | 1 |
| Bedrooms Total | 3 |
| Architectural Style | Other |
| Constructed Date | 1955 |
| Cooling Type | None |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 1182 Sqft |
Land
| Acreage | No |
| Size Irregular | 9200 |
| Size Total | 9200 Sqft |
| Size Total Text | 9200 Sqft |
| Zoning Description | Missing Middle Initiative |
| Zoning Type | Residential |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Porch | 13' x 4' | ||
| Main Level | Office | 7' x 10' | ||
| Main Level | Laundry Room | 12' x 6' | ||
| Main Level | Bedroom | 10' x 8' | ||
| Main Level | Bedroom | 11' x 9' | ||
| Main Level | Bathroom | 4-Piece | ||
| Main Level | Primary Bedroom | 14' x 10' | ||
| Main Level | Kitchen | 12' x 10' | ||
| Main Level | Dining Room | 8' x 9' | ||
| Main Level | Living Room | 18' x 12' | ||
| Main Level | Entrance | 6' x 4' |
https://www.realtor.ca/real-estate/28554198/395-st-charles-st-victoria-fairfield-east
3194 Douglas St
Victoria, British Columbia V8Z 3K6
(250) 383-1500
(250) 383-1533
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Victoria Real Estate Board
Coldwell Banker Oceanside Real Estate
July 03 2025 08:47:59
