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Situated in a prime location in Saanich, just off Richmond Rd, this 13,542 Sq/ft development site presents a remarkable opportunity. Positioned strategically within the ambit of newly introduced guidelines aimed at enhancing density, this site boasts the potential for up to 6 town homes, making it an enticing prospect for developers and investors alike. Currently, the site hosts a tenanted property, adding immediate revenue. The month-to-month rental arrangement offers flexibility and serves as an additional asset in the investment equation. Situated in proximity to Camosun College and the University of Victoria, the site holds significant appeal for those seeking accommodation close to educational institutions. Moreover, its strategic location ensures easy access to a plethora of amenities, all within a convenient 5-minute drive. This development site encapsulates the essence of a compelling investment opportunity. (id:24212)
Full Address:
1920 Waterloo Road, Saanich, British Columbia
Price:
$ 1,299,000
MLS Number:
963490
List Date:
May 10th, 2024
Neighbourhood:
Mt Tolmie
Lot Size:
13542 ac
Year Built:
1953
Taxes:
$ 5,467
Ownership Type:
Freehold

Property Specifications

Bedrooms:
3
Bathrooms:
1
Appliances:
Washer, Refrigerator, Stove, Dryer
Air Conditioning:
None
Heating:
Oil
Fireplaces:
1

Interior Features

Architectural Style:
Contemporary
Zoning:
Residential
Garage Spaces:
2

Building Features

Finished Area:
2196 sq.ft.
Main Floor:
1136 sq.ft.
Rooms:
Lower level
Laundry room
5 x 13 feet
Main level
Kitchen
13 x 7 feet
Bedroom
11 x 10 feet
Primary Bedroom
14 x 10 feet
Bedroom
10 x 8 feet
Entrance
12 x 6 feet
Living room
18 x 14 feet
Dining room
13 x 9 feet

Floors

Lot Size:
13542 ac

Land

Neighbourhood Features

Ratings

Commercial Info

Location

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