1905 Lee Ave

Attention Builders/Developers: Missing Middle Market development opportunity. This property recently was granted conditional rezoning/subdivision approval for small lot development. Centrally located and only steps away from a major transit route, this corner property features a 2-story character home with an adjacent 2530 s.f. lot and plans for a 2000 s.f., 4 bedroom, 4 bath home. Steps from the Jubilee Hospital, Save-on Foods, Oak Bay Rec, and Oak Bay Village, this property is ideal for a builder/developer looking for a solid investment in a prime location with an excellent school catchment. Live in the existing home while you build next door, or rezone the parcels for higher density (5-6 units). The charming 2-bedroom home features a sun-drenched living room, wood flooring, a formal dining room, a bright & spacious kitchen, and one full bath. The lower level is unfinished & provides ample space for storage or further development. Don’t miss out on this must-see property! (id:54626)