Exceptional Revenue & Development Opportunity in Victoria’s vibrant Jubilee neighbourhood, steps to the Oak Bay border! This rare 65’ x 200’ (13,000 sq ft per BC Assessment) property offers excellent rental income potential, ideally suited to tenants seeking proximity to the hospital, making it an attractive holding property for investors. The existing legal up/down duplex features a 1,600 sq ft main floor (2–3 beds), a self contained 2 bedroom suite, and an additional 1 bedroom suite. Generate rental income today while exploring the significant long term redevelopment potential of this substantial urban lot. Centrally located near the hospital, transit, schools & amenities, with downtown Victoria within walking distance, the property offers exciting possibilities for townhouse, or houseplex development, subject to City approvals. A rare opportunity to combine multiple rental income streams with future development upside in a sought after, central location.
Address
1790 Denman St
List Price
$1,299,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
Sale
Area
Victoria
Sub-Area
Vi Jubilee
Bedrooms
5
Bathrooms
3
Floor Area
3,201 Sq. Ft.
Lot Size
13000 Sq. Ft.
Lot Size (Acres)
0.29 Ac.
Year Built
1955
MLS® Number
1052686
Listing Brokerage
Macdonald Realty Victoria
Basement Area
Finished, Full, Walk-Out Access, With Windows
Postal Code
V8R 1Y4
Tax Amount
$8,715.72
Tax Year
2026
Features
Baseboard, Bay Window(s), Carpet, Dryer, Electric, Forced Air, Hardwood, Mixed, Mixed, Natural Gas, Refrigerator, Storm Window(s), Vinyl Frames, Washer, Wood
Amenities
Balcony/Deck, Central Location, Fencing: Partial, Garden, Level, Recreation Nearby, Rectangular Lot, See Remarks, See Remarks, Shopping Nearby