Rare opportunity to acquire a prime development property on a level 100' x 120' lot situated near the end of a quiet cul-de-sac. Central Saanich has re-zoned this street to Residential Corridor (R-C) Zoning, supporting the municipality's vision for increased housing density. This generous site currently supports development of up to 6 townhomes under this new zoning, with potential for additional density through a variance process (buyer to verify). To accelerate your project, the sale includes concept plans for an 8-unit townhomes, along with a survey, engineering report, arborist report, and other valuable due diligence materials. Currently tenanted, providing holding income while development plans are finalized, or it could serve as a strategic land assembly opportunity. Please do not walk the property without listing agent present. An outstanding opportunity for developers, builders, or investors looking to capitalize on one of Central Saanich's emerging growth corridors.
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Zillow last checked:
Listing updated:
Listed by:
David Beswick,
Macdonald Realty Victoria,
Dane Kingsbury Personal Real Estate Corporation,
Macdonald Realty Victoria
Source: VIVA,MLS®#: 1044849
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 2
Kitchen
Level: Main
Heating
Baseboard, Electric, Forced Air, Oil
Cooling
None
Appliances
Included: Dishwasher
Laundry: Inside
Features
Workshop
Flooring: Laminate, Wood
Basement: Crawl Space
Has fireplace: No
Interior area
Total structure area: 1,374
Total interior livable area: 1,022 sqft
Property
Parking
Total spaces: 3
Parking features: Driveway, Garage
Garage spaces: 1
Has uncovered spaces: Yes
Features
Levels: 1
Entry location: Ground Level
Patio & porch: Balcony/Patio
Fencing: Partial
Lot
Size: 0.28 Acres
Features: Cul-De-Sac, Level, Rectangular Lot
Details
Additional structures: Shed(s)
Parcel number: 000489506
Zoning: R1
Zoning description: Residential
Construction
Type & style
Home type: SingleFamily
Architectural style: Cottage/Cabin
Property subtype: Single Family Residence
Materials
Stucco, Vinyl Siding
Foundation: Concrete Perimeter
Roof: Asphalt Shingle
Condition
Resale
New construction: No
Year built: 1950
Utilities & green energy
Water: Municipal
Utilities for property: Cable Connected, Phone Connected, Sewer Connected, Water Connected