New ListingPrime Investment & Redevelopment Opportunity-Over ½ Acre of usable land in an excellent Saanich neighbourhood or live in this comfortable single family home. Explore the potential of this large 22,230 sqft parcel located in the South Wilkinson Development Area. This gently sloping property offers outstanding potential and represents a strategic opportunity for multi-generational living, investors, builders, or developers looking to capitalize on Victoria's evolving housing market. The existing 1955 bungalow is perfectly livable and comfortable with plenty of privacy, a large garage/workshop and ample outdoor spaces for play and relaxation. A fantastic move from a condo or townhome! Live in it or rent it out for holding income if your end plan is to design your future project. There is flexibility to explore multiple development configurations suited to current market demand and municipal guidelines. This is one of the largest and best-priced properties available in Greater Victoria, offering strong upside potential in a rapidly growing area. Opportunities of this scale and value are rare, act quickly. Contact your Realtor® today for details on zoning, development possibilities, and investment returns. (id:13843)
| MLS # | 1052515 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Year | 1955 |
| Days On Site | 6 |
| Listing Provided By | Royal LePage Coast Capital - Chatterton | David Stevens |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,001 |
| Garage | 6 |
| Zoning | Residential |
| Acreage | 0.51 |
| Property View | Valley view |
| Cooling | None |
|---|---|
| Heating | Forced air, Oil |
| Fireplace Yes / No | Yes |
| Fireplaces Total | 1 |
| Lot Features | Central location, Park setting, Private setting, Sloping, Other |
|---|
| Parking Features | Detached Garage, Garage, RV |
|---|---|
| Parking Total | 6 |
| Tax Annual Amount | 5800.96 |
|---|---|
| Tax Lot | 9 |
| Province | BC |
|---|---|
| City | Saanich |
| Postal Code | V8Z5A2 |
| Listing VS Median (in V8Z5A2) | |
Price: $865,000 low | high Med: $932,450 sqft: 1,001 low | high Med: 1,476 $ / sqft: $864 low | high Med: $688 On site: 6 low | high Med: 25 | |
| Province | BC |
|---|---|
| City | Saanich |
| Postal Code | V8Z5A2 |
| Listing VS Median (in V8Z5A2) | |
Price: $865,000 low | high Med: $932,450 sqft: 1,001 low | high Med: 1,476 $ / sqft: $864 low | high Med: $688 On site: 6 low | high Med: 25 | |