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1636/1662 Kings Rd
Vi Oaklands Victoria V8R 2N8

$1,950,000
Commercial Sale

Main Photo: 1636/1662 Kings Rd in Victoria: Vi Oaklands Multi Family for sale : MLS®# 1051315
Photo 1: 1636/1662 Kings Rd in Victoria: Vi Oaklands Multi Family for sale : MLS®# 1051315
Photo 2: 1636/1662 Kings Rd in Victoria: Vi Oaklands Multi Family for sale : MLS®# 1051315
Photo 3: 1636/1662 Kings Rd in Victoria: Vi Oaklands Multi Family for sale : MLS®# 1051315
Photo 4: 1636/1662 Kings Rd in Victoria: Vi Oaklands Multi Family for sale : MLS®# 1051315
Photo 5: 1636/1662 Kings Rd in Victoria: Vi Oaklands Multi Family for sale : MLS®# 1051315
Photo 6: 1636/1662 Kings Rd in Victoria: Vi Oaklands Multi Family for sale : MLS®# 1051315
Photo 7: 1636/1662 Kings Rd in Victoria: Vi Oaklands Multi Family for sale : MLS®# 1051315
Photo 8: 1636/1662 Kings Rd in Victoria: Vi Oaklands Multi Family for sale : MLS®# 1051315
Photo 9: 1636/1662 Kings Rd in Victoria: Vi Oaklands Multi Family for sale : MLS®# 1051315
Photo 10: 1636/1662 Kings Rd in Victoria: Vi Oaklands Multi Family for sale : MLS®# 1051315
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Photo 12: 1636/1662 Kings Rd in Victoria: Vi Oaklands Multi Family for sale : MLS®# 1051315
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1051315
This two-lot land assembly has special characteristics, making it an unusually interesting option in today's market. With over 82 feet of frontage, proximity to transit and amenities and current zoning, this site lends well to a rental apartment, small condominium, townhouses, or any other multi-family use. Both properties have the same owner, making outcomes secure and easy to navigate. The owner is willing to cooperate to make a smooth streamlined process, to mitigate carrying costs, and is able to cooperate on closing dates, and conditional periods. The adjacent property owners may be interested in joining a sale or redevelopment, opening possibilities for more zoning improvements, density bonuses and parking relaxations for all of the lots. Ask for relevant details about the site created by Design Zone, showing real numbers based on Surveys of the two lots, current zoning, and realistic expectations for parking and buildable area. Asking $1,950,000 total for the two combined lots.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Land
Lease Type:
See Remarks
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Vi Oaklands, Victoria
Bathrooms:
- (Full:-/Half:-)
Lot Size:
10,304 sq. ft.
Lot Details:
82.5 ft x 124.9 ft
Taxes:
Ceiling Heights:
Total Potential Area:
11,500 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Victoria
Legal Description:
Zoning:
GRD-1
Units in Building:
Units in Community:
Occupancy:
Partially Occupied
Lot Site Features:
Central Location, Curb & Gutter, Easy Access, Family-Oriented Neighbourhood, Level, Quiet Area, Recreation Nearby, Serviced, Southern Exposure
Parking Features:
On Site
Total Parking Spaces:
4
Road Surface Type:
Paved
Total Units:
Date Listed:
Sep 28, 2026
Original Price:
1950000.0
  • Photo 1: 1636/1662 Kings Rd in Victoria: Vi Oaklands Multi Family for sale : MLS®# 1051315
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Listed by Team 3000 Realty Ltd
Data was last updated October 1, 2026 at 08:05 PM (UTC)
Area Statistics
Listings on market:
121
Avg list price:
$885,000
Min list price:
$30,000
Max list price:
$8,900,000
Avg days on market:
84
Min days on market:
2
Max days on market:
585
These statistics are generated based on the current listing's property type and located in Victoria. Average values are derived using median calculations. This data is not produced by the MLS® system.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.