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Key Details
Sold Price $2,300,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
Square Footage 2,852 sqft
Price per Sqft $806
MLS Listing ID 953453
Sold Date 10/15/24
Style Main Level Entry with Upper Level(s)
Bedrooms 7
Rental Info Unrestricted
Year Built 1935
Annual Tax Amount $9,935
Tax Year 2023
Lot Size 0.920 Acres
Acres 0.92
Property Sub-Type Land
Property Description
A very rare offering: Just under an acre of property on the edge of the Quadra-McKenzie Corridor Center in Saanich which is a focal point for the concentration of redevelopment and densification. And with the new BC Small Scale Multi Housing Policy, the possibilities are broad. This unique and wonderful Property has been in the same family for over 60 years and many new families have blossomed from it creating a trove of fond memories. But really the value is in the land where the currant R-6 Zoning and Official Community Plan support subdividing the Property into 5 new lots, and in accordance with the BC Housing Policy, potentially providing housing for up to 30 new families and the Saanich Planning Department has also expressed support for higher density in this area. So maybe, purchase and re-zone to a higher density to create even more housing and return on investment. A fabulous Development Opportunity. Click the link provided for more information.
Location
Province BC
County Capital Regional District
Area Se Maplewood
Direction West
Rooms
Basement Crawl Space
Main Level Bedrooms 3
Kitchen 1
Interior
Interior Features Dining/Living Combo, Storage, Workshop
Heating Baseboard
Cooling None
Flooring Carpet, Laminate, Tile
Fireplaces Number 1
Fireplaces Type Living Room, Wood Burning
Fireplace 1
Appliance Dishwasher, F/S/W/D
Laundry In Unit
Exterior
Exterior Feature Balcony/Deck, Fencing: Partial
Parking Features Driveway, RV Access/Parking
Utilities Available Compost, Garbage, Recycling
Roof Type Asphalt Shingle
Total Parking Spaces 6
Building
Lot Description Central Location, Cleared, Easy Access, Rectangular Lot, Rural Setting, See Remarks
Building Description Frame Wood,Wood, Main Level Entry with Upper Level(s)
Faces West
Foundation Poured Concrete
Sewer Sewer Connected
Water Municipal
Architectural Style Cottage/Cabin
Structure Type Frame Wood,Wood
Others
Tax ID 006-095-194
Ownership Freehold
Pets Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs
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Bought with Fair Realty