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$1,595,000
British Columbia,Victoria
For Sale Active
395 St. Charles St, Victoria, British Columbia V8S3N2
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Basic Details
Description

Development Opportunity: Approved 8-Unit Townhouse Project at Chancler & St. Charles, Victoria, BC. Seize a prime investment opportunity in Victoria’s South Fairfield Gonzales neighbourhood, just steps from the Salish Sea, with this 9, 200 sq ft development site at the corner of Chandler and St. Charles. Fully zoned and development permit-approved, offering a streamlined path to profitability in one of

Victoria’s most desirable markets, minutes from downtown Victoria. A boutique collection of eight modern townhouses, featuring contemporary architecture that will enhance the neighbourhood and stand the design test of time. Tailored to meet strong market demand for Missing Middle price points, the project includes four ground-floor, single-level one- and two-bedroom units, ranging from 650 to 850 sq ft, with private entrances and generous patios, ideal for downsizers, young professionals, and families. Above these are four two-story, three-bedroom units of approximately 1, 700 to 2, 200 sq ft, with dramatic ceiling heights in main living areas and private rooftop decks, designed to attract families seeking unique, premium living spaces. Situated in South Fairfield, close to Ross Bay and Ross Bay Shopping Centre, steps away from Thrifties, Hollywood Park’s tennis courts, and the beautiful sandy Gonzales Bay Beach. Whether by foot, bike, or transit, residents can commute with ease to Oak Bay Village, Cook St Village, and Downtown Victoria. This quiet, residential enclave of Fairfield Gonzales provides everything needed for a well-connected, active lifestyle, The project includes four dedicated parking spots & two Modo car-share memberships per home, enhancing marketability by blending convenience with sustainable living. With zoning and permits secured, this development eliminates upfront hurdles, allowing you to focus on execution and capitalize on Victoria’s demand for premium, Missing Middle properties. Land cost per Buildable is $143.31 psf or $199, 375.00 per Unit. (id:62783)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 1038334
  • Price: $1,595,000
  • Year Built: 1955
  • Status: Active
  • Property Sub Type: Vacant Land
  • Office Key: 284638
Address Map
  • Location: CA, British Columbia, Victoria, V8S3N2
  • Street: St. Charles
  • Street Number: 395
  • Street Suffix: Street
  • Longitude: W124° 39' 45.8''
  • Latitude: N48° 24' 52.9''
  • Zoning: Unknown
Additional Information
  • Lot Features:
  • Lot Size Dimensions: 9200
Financial
  • Tax Annual Amount: 6708.94
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Listing updated: 2026-06-12 06:52:49
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Listing Information
  • List Agent Key: 1922222
  • List Office Key: 284638
  • Modification Timestamp: 2026-06-08T01:40:43Z
  • Originating System Name: Victoria Real Estate Board
  • Status Change Timestamp: 2026-06-08T01:30:20Z
Powered by REALTOR.ca
Listing updated: 2026-06-12 06:52:49
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