Roll up your sleeves, fire up the excavator and let your imagination take over. Set on a level 7,050 sq. ft. lot (approximately 50' x 141') on the border of Fernwood and Jubilee, this property is ready for its next chapter. The existing 1920 home offers approximately 2,000 sq. ft. with 3 bedrooms, 1 bathroom and a walk-out basement with a separate entrance, but the real value lies in the land. Zoned GRD-1 (PGA), this prime site offers exciting redevelopment potential in one of Victoria's most desirable central neighbourhoods. Just minutes from Royal Jubilee Hospital, Fernwood Village, schools, parks, transit and downtown. Buyers are encouraged to complete their own due diligence with the City of Victoria regarding zoning, permitted uses, density, development potential and any approvals required for their intended use. Some homes need a little TLC. This one may need a farewell party. Fortunately, what's standing on the lot isn't the story here - it's what's possible next.
Data was last updated September 10, 2026 at 08:05 PM (UTC)
Area Statistics
Listings on market:
25
Avg list price:
$899,900
Min list price:
$419,800
Max list price:
$2,599,999
Avg days on market:
49
Min days on market:
2
Max days on market:
195
Avg price per sq.ft.:
$528.67
These statistics are generated based on the current listing's property type
and located in
Vi Fernwood. Average values are
derived using median calculations. This data is not produced by
the MLS® system.