2207 Millstream Rd
Victoria, BC V9B 0J7
Price Upon Request
Land For Sale • 4.7 AC
Property Details
- Property Type Land
- Lot Size 4.7 AC
- Zoning BP 9
0
Transit Score
19
Walk Score
Description
Current BP9 zoning supports a wide range of multifamily building forms, permitting up to 818,928 SF of buildable area (4.0 FSR), 80% site coverage, and a maximum height of 12 storeys. This scale provides significant flexibility for high-density residential development in a market experiencing rapid population growth of 26% within a 1.5 km radius over the past five years. The surrounding area features abundant retail, dining, and recreational amenities, including Costco, Home Depot, and Bear Mountain Golf & Country Club, all within minutes. With strong demographics, an average household income of $145,461, and a projected 16.7% population growth over the next five years, this site is ideally positioned for a landmark multifamily project.
Highlights
| Zoning approved with BP9 designation, allowing immediate progression to development permitting. |
| Fully cleared and graded site with completed off-site roadwork and sidewalks, plus all municipal services to the lot line. |
| Significant development potential with up to 818,928 SF of buildable area and 12-storey height allowance. |
| Located in a high-growth area with 26% population increase in the last five years and strong future projections. |
| Exceptional proximity to Millstream Village, Bear Mountain Resort, major retailers, and Highway 1 for seamless connectivity. |
Public Transportation
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Victoria International | 36 min | - | 19.0 mi |
Ross Marshall, PREC
CBRE, Limited
Ross Marshall, PREC
CBRE, Limited