The opportunity exists to acquire a 100% interest in a five-unit rental property with potential for redevelopment in the City of Victoria on a +/-8,795 SF lot. Designated as “Housing Opportunity” in the City of Victoria’s Official Community Plan, which permits density of up to 2.5:1 FSR for development projects where there is a substantial public benefit. Centrally located on the outskirts of Downtown Victoria with easy access to main bus routes along both Vancouver Street and Cook Street. Amenity rich location steps away from numerous coffee shops, restaurants, grocery stores, fitness studios, Save on Foods Memorial Centre, Royal Athletic Park and many others. The property is improved with two well maintained houses, with a combined 5 rental units.