Open House Saturday 2:00-4:00 Attention Developers, Builders and Multi-Generational families. We have had Invision Developments complete a Development Feasibility Study on this 15,500 square foot lot, and have many drawings with proforma spreadsheets, to cover all the different 5 scenarios we've costed out. We are happy to share this extensive work with you and will offer a discovery meeting with the Invision Team to discuss the pros and cons of each potential scenario. They will work with you to verify all zoning and development opportunities with Central Saanich, and are capable of working with you to take the property all the way through the development permit stage and through to the final built product if you desire. This property is currently Zoned RN and allows for up to four dwellings, so you could keep the house and put up an additional duplex, or apply to subdivide a lot, or apply for a rezoning for up to 8 townhomes. This home is situated on a prime corner lot and backs onto peaceful ALR land. The existing home is 2478 sq ft, clean and features spacious living areas, and is easily suitable. The owner can provide quick occupancy, and you can live in a comfortable home or rent it out. The market is shifting and prices are firming up and will be on the upward swing soon. If you have been looking for a project, or just want to buy something with future potential and wait it out for a while, this property could be for you. (id:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Bedrooms
5
Bathrooms
2
Features
Corner Site, Rectangular
Listing Contract Date
2024-11-29
Maintenance Fee Payment Frequency
Monthly
Municipal ID
003-315-941
Ownership Type
Freehold
# of Parking Spaces
3
Plan
VIP20620
Property Type
Single Family
Transaction Type
For sale
Views
Mountain view
Zoning Description
RN
Zoning
Residential
Building
Constructed Date
1968
Cooling Type
None
Fireplace Present
Yes
# of Fireplaces
1
Heating Fuel
Natural gas, Wood
Heating Type
Forced air
Total Finished Area
2478 sqft
Type
House
Rooms
Room
Level
Dimensions
Notes
Recreation room
Second level
18' x 15'
Bathroom
Second level
4-Piece
Bedroom
Second level
11' x 9'
Bedroom
Lower level
10' x 9'
Bedroom
Main level
13' x 11'
Kitchen
Main level
10' x 14'
Primary Bedroom
Main level
12' x 13'
Laundry room
Main level
25' x 10'
Bathroom
Main level
4-Piece
Family room
Main level
18' x 15'
Bedroom
Main level
13' x 13'
Land
Total Size
15500 square feet
Access Type
Road access
Size of Irregular Land
15500
Open Houses
Date & Time
Comments
11/01/2025 2:00 PM - 4:00 PM
A Development Feasibility Study is available, so come and see this nice clean 2478 sq ft, easily suited family home with 5 bd 2 Ba. This is the most reasonably priced house with development potential in Central Saanich. The house could be suited and another duplex or garden suite could be built on the 15,500 sq ft lot. If you want to buy something with future development potential this could be it
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