1905 Lee Ave, Victoria, BC V8R 4W9

Two Exceptional Paths-One Rare Property. Subdivision approval is already in place for a small-lot development, with building plans by Java Designs for a 2000sqft 4 bed, 4 bath home incl. The existing 2 bed character home offers the option to move in, rent out, while completing the final stage of subdivision to build next door. Alternatively, keep the lot as is under the new Town Centre District (TCD-1) zoning, which uniquely allows for both residential and commercial uses. This flexibility opens avenues for ownership, development, or future mixed-use potential. Ideally located in S Jubilee near Oak Bay Ave, Royal Jubilee Hospital, and the Oak Bay border, steps from major transit, Oak Bay Rec Centre, groceries, restaurants, and cafés, and in the Willows Elementary, Monterey Middle, and Oak Bay High catchments. The sunlit living room, original hw floors, formal dining room, bright kitchen, and unfinished lower level with storage or future potential complete this exceptional offering.