ATTENTION BUILDERS / DEVELOPERS! This is a rare opportunity in the highly desirable Cordova Bay neighborhood! The property features a large 26,000+ SF double lot with exceptional subdivision potential. A well-maintained 1960s home currently sits on the lot, but with recent changes to zoning and density regulations, this land offers a wealth of exciting possibilities. You can choose to update the existing home and enjoy the expansive, private lot or capitalize on the subdivision potential, creating multiple lots for development. The lot was originally two separate parcels combined in the 1960s, so there's ample opportunity to explore higher-density options for multifamily units or several single-family homes. Whether you choose to live in, rent, or subdivide the property, this is a prime opportunity to take advantage of the growing demand for density in one of Victoria’s most sought-after areas. This is a lucrative investment opportunity that shouldn’t be missed! (id:24212)
- Full Address:
- 4799 Cordova Bay Road, Saanich, British Columbia
- Price:
- $ 1,599,000
- MLS Number:
- 993216
- List Date:
- March 26th, 2025
- Neighbourhood:
- Cordova Bay
- Building Size:
- 2734 sq.ft.
- Lot Size:
- 0.6 ac
- Year Built:
- 1964
- Taxes:
- $ 5,072
- Ownership Type:
- Freehold
Property Specifications
- Bedrooms:
- 4
- Bathrooms:
- 2
- Air Conditioning:
- None
- Heating:
- Electric, Wood, Hot Water
- Fireplaces:
- 2
Interior Features
- Building Size:
- 2734 sq.ft.
- Zoning:
- Residential
- Garage Spaces:
- 4
Building Features
- Rooms:
- Main levelLaundry room7 x 10 feetEntrance7 x 11 feetKitchen10 x 11 feetDining room11 x 10 feetLower levelStorage12 x 16 feetMain levelPrimary Bedroom13 x 16 feetSecond levelBedroom9 x 12 feetBedroom9 x 12 feetBedroom9 x 9 feetMain levelLiving room13 x 21 feetLower levelFamily room11 x 21 feet
Floors
- Lot Size:
- 0.6 ac
- Lot Features:
- Private setting
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Agent: Jordy HarrisBrokerage: Newport Realty Ltd.
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