Situated in one of Victoriaâs desirable urban pockets, 2639 Prior Street offers a rare opportunity to acquire a family home with excellent development upside. The property is currently zoned R2, supporting duplexes, and lies within the Official Community Plan (OCP) designation for Urban Residential, which supports low-rise multifamily development up to 4 or 6 storeys. The lot has more promising development upside compared to other options on the market due to the dual street frontage. With access from both Prior Street and Bakery Mews, two legal roads, it provides significant design flexibility for improved unit layouts, a dream template to work with. Just steps from Quadra Village, transit, and with an easy connection to downtown, this lot combines pro-development policy, proven zoning, and a livable location - it's a strong candidate for immediate development or generating income with the existing structure. (id:27476)
