Victoria Homes with Cleared Lot Features

Welcome to Victoria, British Columbia – a city that beautifully blends natural beauty with vibrant urban life. Nestled on the southern tip of Vancouver Island, Victoria is renowned for its stunning waterfront, historic architecture, and lush gardens, making it a popular destination for both residents and visitors alike. With a mild climate, rich cultural scene, and a plethora of outdoor activities, it’s no wonder that Victoria is often considered one of the most desirable places to live in Canada.

In the heart of this picturesque city, you’ll find homes with cleared lot features – a perfect opportunity for those looking to create their dream residence. These cleared lots provide a blank canvas, allowing you to design and build a home that reflects your personal style and meets your unique needs. Imagine waking up to breathtaking views of the surrounding mountains or the sparkling waters of the Pacific Ocean, all while being just minutes away from the vibrant downtown core.

Living in Victoria means embracing a lifestyle filled with adventure and leisure. Enjoy leisurely strolls through the iconic Butchart Gardens, explore the charming streets of the Inner Harbour, or indulge in the local culinary scene featuring fresh seafood and farm-to-table delights. With a strong sense of community and a range of amenities, from boutique shops to world-class schools, Victoria offers a perfect blend of tranquility and convenience.

Whether you’re a first-time homebuyer or looking to invest in a piece of this beautiful city, homes with cleared lot features in Victoria provide an exceptional opportunity to create a life you’ve always dreamed of in one of Canada’s most enchanting locales.

Newest Victoria Homes with Cleared Lot Features

$2,290,000

6 Beds ⋅ 6 Baths ⋅ 1046292 MLS

This one-of-a-kind Trophy Property offers 6 Beautiful 1 bedroom, 1 Bathroom Character suites! One of the suites features a Fireplace and another features a Fireplace PLUS a Large Sundeck with Sunny Views! All 6 suites offer Exterior Entrances with modern Kitchens and Bathrooms. All suites have separate Hydro Meters and separate Hot Water Tanks. There is also a Coin-Op Laundry Room and 4 off Street Parking spots. Situated in an incredible FAIRFIELD location that's just steps from Dallas Rd. Beaches, Beacon Hill Park, Cook Street Village, Fairfield Plaza and even walking distance to Downtown Victoria!! An Absolutely Gorgeous Fairfield Character Revenue Property. Don't miss this opportunity - First time on the market in over 25 Years! Call today!

123 Cambridge St, Victoria

Courtesy of Century 21 Queenswood Realty Ltd.

$1,399,900

3 Beds ⋅ 1 Baths ⋅ 1048096 MLS

Amazing opportunity for a Missing Middle development project in the highly desirable Rockland/Fairfield area. 1622 Richardson offers an approximately 12,120 sq.ft. lot with 75' of frontage, providing an excellent site for builders, developers, or investors. The property is relatively open with limited trees and vegetation, offering strong redevelopment potential. Situated in a prime, central location just minutes from transit, bike corridors, and local amenities. Even more compelling, the adjacent property at 1618 Richardson is also available, adding approximately 70' of frontage and 11,464 sq.ft. of land. Purchase both properties to create an exceptional 23,584 sq.ft. land assembly with approximately 145' of combined frontage. A rare opportunity to secure a substantial development site in a sought-after central Victoria neighbourhood. Buyers to verify zoning, density, development potential and permitting requirements with the City of Victoria.

1622 Richardson St, Victoria

Courtesy of Fair Realty

$1,349,900

5 Beds ⋅ 2 Baths ⋅ 1047844 MLS

Investors and Developers Alert! Exceptional holding property with immediate revenue or prime development potential under Missing Middle on a rare 70-foot-wide frontage lot on the Rockland/Fairfield border. This versatile 5-bed, 2-bath home is ideal as a high-yield investment or flexible multi-generational property. Live upstairs while using the lower level as a mortgage helper. Enjoy a stunning, park-like backyard offering a peaceful outdoor oasis. Alternatively, take advantage of steady rental income while finalizing development plans for this expansive parcel. Currently tenanted, generating $4,900 per month. The adjacent property at 1622 Richardson is also available. Together, the two properties offer approximately 145 feet of combined frontage and 23,584 sq.ft. of land. Situated in a prime central location minutes from transit, bike corridors, and local amenities, this is an unmatched opportunity for holding, land assembly, or future development.

1618 Richardson St, Victoria

Courtesy of Fair Realty

$959,000

4 Beds ⋅ 2 Baths ⋅ 1046959 MLS

OPEN HOUSE Sat. Aug. 22. 1-3pm. This well-maintained 4-bed, 2-bath home offers flexibility & strong income potential in a prime, central location. Just minutes from Uptown, Tillicum & Hillside Malls, and conveniently close to Pearkes Rec Center, Silver City and BC Transit. Situated on a nearly 8,500 sq.ft. lot, the 1,860 sqft home features 2 self-contained 2-bed suites, ideal for multigenerational living, rental income, or future development. Upstairs offers a bright living & dining area, wood fireplace and 2 good-sized bedrooms. Step out to the large back deck for easy access to the yard, perfect for entertaining or relaxing outdoors. Downstairs includes a separate 2-bed suite with kitchen, bright living space & full bath with tub/shower combo. With 4 off-street parking spaces & a full single garage, this property offers excellent flexibility for investors or owner-occupiers.

3107 Harriet Rd, Victoria

Courtesy of Pemberton Holmes Ltd.

$1,599,000

5 Beds ⋅ 3 Baths ⋅ 1046704 MLS

Set in an idyllic neighborhood bordering Fairfield and Oak Bay, this lovingly maintained 1912 Arts and Crafts residence offers exceptional character, space and versatility. Wood floors, stained glass accents, built-in cabinetry and custom millwork reflect the home’s enduring craftsmanship, while fresh paint and new carpeting provide a refreshed foundation for future personalization. The main level features gracious living and dining rooms, a wood-burning fireplace, sunroom off the kitchen, 2 bedrooms and a den. Upstairs, a private retreat offers a bedroom, bathroom and cozy sitting area, while the lower level includes a spacious self-contained 2 BR suite. Outside, mature landscaping surrounds a serene fenced garden, with rare rear laneway access, RV parking and a workshop. Rich in period charm and lovingly cared for, this special home presents an exceptional opportunity to thoughtfully update while preserving its character

908 Cowichan St, Victoria

Courtesy of Sotheby's International Realty Canada

$999,000

1045222 MLS

An opportunity to own a heritage-registered standalone freehold property in the heart of Victoria. Offering approximately 2,350 sq. ft. across three levels, the building features five rooms, an office, two bathrooms, multiple fireplaces, and storage. The 1,048 sq. ft. main floor offers 10-foot ceilings, while the 765 sq. ft. second floor features 9-foot ceilings. Above, an additional 537 sq. ft. offers a vaulted ceiling and flexible storage potential. Formerly operated as a daycare, the property includes secured access and fenced front and rear yards. The existing daycare licence may be available by separate negotiation. Set on a 2,550 sq. ft. lot, permitted uses under R3-C zoning include multiple dwellings, business or professional offices, retail stores, restaurants, places of recreation, and commercial care facilities, subject to applicable zoning provisions.

840 Cormorant St, Victoria

Courtesy of Sotheby's International Realty Canada

$998,000

1043202 MLS

1115 Caledonia Avenue is a prime redevelopment opportunity in Victoria, BC, on a 6,440 SF lot at the border of North Park and Fernwood. Zoned R-74, it allows for ground-oriented multi-unit dwellings, with potential for higher density under the Official Community Plan (up to 1.2:1 FSR or more with assembly). The property is listed at $998,000, reflecting its premium zoning and previous fourplex approval. The vibrant Fernwood neighborhood offers strong community assets, diverse demographics, and proximity to urban villages and downtown. Local cafes, restaurants, and services are just steps away, providing a lively and convenient lifestyle. Royal Athletic Park, home to the Victoria HarbourCats baseball team, is also nearby, adding to the area's recreational appeal. This property stands out for its flexible zoning, strong location, and significant potential for residential development.

1115 Caledonia Ave, Victoria

Courtesy of Sotheby's International Realty Canada

$377,000

1 Beds ⋅ 1 Baths ⋅ 1044350 MLS ⋅ Zen BLDG.

Welcome to the Zen. Unit 203 is a well-designed one bedroom Condo that is sure to please, the location couldn't be better right along bustling Fort Street and steps to Cook St., Village. The stylish Condo is perfect for part time or minimalist living, students, professionals and investors alike. Every inch is perfectly thought out to ensure maximum storage and space, zoning even allows for live or work. Boasting 10 foot ceilings, stainless steel appliances and in suite laundry. You have restaurants, pubs, market, cafes and shopping right at your doorstep. Enjoy breathtaking views at the rooftop terrace perfect for hosting a summer barbecue. On a main bus route to Uvic and walking distance to the ocean and Beacon Hill Park this is a lifestyle to be desired. Call today for your private viewing of this urban condo on the edge of Fairfield, Rockland and downtown.

1121 Fort St Unit ##203, Victoria

Courtesy of RE/MAX Generation - The Neal Estate Group

$749,800

1043474 MLS

3141 Balfour Ave ~BUILDING LOT ~ $749,800 + Gst ~ 7,488 Sqft level panhandle lot located in a quiet pocket between Gorge & Burnside, within easy walking distance to Uptown, Mayfair and a 15-minute walk to downtown. Bus route 8-houses away. Zoning allows a variety of uses including Small-Scale Multi-Unit Housing, Triplex, Duplex w/Suites, or Single Family w/ or w/o Suite. Water/Sewer/Storm have been brought down the driveway to the site. Zoning is GRD-1, allowing up to 1.6 FAR for buildings with 3-Units or more. Otherwise the density is 0.5 FAR.

3141 Balfour Ave, Victoria

Courtesy of Sutton Group West Coast Realty

$899,000

4 Beds ⋅ 2 Baths ⋅ 1043368 MLS

This well-maintained 4-bed, 2-bath home with a new roof offers flexibility & strong income potential in a prime location. Just minutes from Mayfair Mall, Hillside Mall & essential amenities. Situated on a nearly 4,000 sqft lot, the 1,958 sqft home features 2 self-contained 2-bed suites, ideal for multigenerational living, rental income, or future development. Upstairs offers a bright living & dining area, a spacious eat-in kitchen & 2 good-sized bedrooms. Step out to the back deck for easy access to the yard, perfect for entertaining or relaxing outdoors. Downstairs includes a separate 2-bed suite with kitchen, bright living space & full bath with tub/shower combo. Recent updates include refreshed landscaping, updated fencing & a newly finished back patio. With 2 off-street parking spaces & current month-to-month tenancies generating $5,200/month (tenants open to vacating), this property offers excellent flexibility for investors or owner-occupiers.

1321 Finlayson St, Victoria

Courtesy of RE/MAX Camosun

$899,900

4 Beds ⋅ 2 Baths ⋅ 1042385 MLS

Welcome to 2343 Shelbourne Street, a fantastic investment or multi-generational living opportunity in the heart of Victoria's desirable Jubilee neighbourhood. Situated on a 5,700 sq. ft. corner lot at Shelbourne Street and Bay Street, this up-and-down duplex offers two self-contained 2-bedroom, 1-bathroom homes with nearly identical floor plans. The upper suite has been tastefully updated with a modern kitchen and renovated bathroom, while the lower suite offers an excellent opportunity for a new owner to renovate and add value. Whether you're looking for a mortgage helper, rental investment, or a home with room for extended family, this property offers incredible flexibility. Just minutes from Royal Jubilee Hospital, Hillside Shopping Centre, and the University of Victoria, you'll enjoy convenient access to shopping, restaurants, parks, transit, and everyday amenities. Nearby neighbourhoods including Oak Bay, Fernwood, and Downtown Victoria are all just a short drive or bike ride away

2343 Shelbourne St, Victoria

Courtesy of RE/MAX Camosun

$799,000

1028341 MLS

Now available to purchase is this Large Inner city lot with a multitude of development opportunities which is located close to all shopping, schools , local amenities. and Downtown Victoria. The property was rezoned by the City of Victoria October 2nd, 2025 and is now located in the newly created GRD-1 Zone. On any lot located in the GRD-1 Zone you are permitted to have a garden suite or a detached accessory building, as well as the principal dwelling unit. The new GRD-1 Zone also has different Categories of development potential and is based on the level of density that you are proposing to build on the lot itself. All questions and development enquiries should be confirmed with the City of Victoria planning department. Also there is potential for a 4 lot high density land assembly with the adjacent properties .Call today for all information on this excellent opportunity!

3135 Washington Ave, Victoria

Courtesy of RE/MAX Camosun

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