221 Edward St

221 Edward St · Victoria · Vacant Land · $1,550,000 · MLS 1039983

Victoria, British Columbia
C$1,550,000
For sale
221 Edward St

221 Edward St is located in Victoria. Property snapshot: Vacant Land, listed at $1,550,000, MLS 1039983. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 3. Latest recorded list price 1550000.00.

List Price: $1,550,000
MLS: 1039983
Days on Site: 3
Price History: Latest recorded list price 1550000.00

Local Decision Guide

How should buyers evaluate 221 Edward St?

Start by reading this listing in its Victoria context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 221 Edward St?

This page shows a list price of $1,550,000 with MLS 1039983.

What type of home is this Victoria listing?

The page shows Vacant Land at 221 Edward St. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about 3 days on market/site. Latest recorded list price 1550000.00.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

DEVELOPMENT OPPORTUNITY IN THE HEART OF VIC WEST! Rarely do lots of this size & location become available. Situated on a generous 60' x 132' lot, this property offers exciting Small-Scale Multi-Unit Housing (SSMUH) potential in one of Victoria's most rapidly evolving neighbourhoods. Whether you're a builder, developer, investor, or future homeowner looking to secure land in a prime location, 221 Edward Street presents a compelling opportunity. Buyers are encouraged to complete their own due diligence with the City of Victoria regarding redevelopment possibilities. Ideally located minutes from DT Victoria & within walking distance to Save-On-Foods, Browns Crafthouse, shops, Bay Street Bridge, parks, schools & major transit routes. Enjoy the convenience of urban living combined w/ mountain outlooks from the property & easy access to everything Victoria has to offer. An exceptional opportunity to secure a large Vic West lot in a neighbourhood experiencing significant growth & investment. (id:56153)

Property Details

Vacant Land
Building Type
-
Bedrooms
-
Bathrooms
1960
Year Built
66 years
Age
3
Days on Site
7,841 sf
Lot Area

Transaction: For sale

Status: active

Listing ID: 29886430 (1039983)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$1,550,000

Lot Area: 7,841 sf

PID: 008-924-732

Days on Site: 3 days

Added to BurnabyHouse: 2026-06-10

Updated on: 2026-06-10 06:03 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

Nearby Private Schools
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Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
The Market Garden
About 81.3 m away
810 Catherine Street
Save-On-Foods
About 315 m away
172 Wilson Street
Shopping Centres
Sandman Hotel Victoria
About 1.3 km away
2852 Douglas Street, Victoria
The Bay Centre
About 1.6 km away

Price History

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View price changes, listing events, and the full timeline.

BC Assessment

Click the button below to check the government assessment, sales history, and nearby market pricing for this property.
BC Assessment Sales History & Nearby Sales

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Last Updated: Wed, 10 Jun 2026 05:16:06 PM PDT

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