Prime Development Opportunity at 455 Watfield with 2 Lots! Discover the limitless potential of 455 Watfield Avenue, an extraordinary property spanning 10,824 sqft across a double lot in a prime location. Boasting a massive backyard with alley access, this property offers unparalleled flexibility and future development opportunities. Zoned CS1, R5, and R1, the possibilities are vast—build your dream home with a suite, a carriage house, or capitalize on the zoning to expand into a triplex or fourplex to maximize rental income or resale value. Situated just three blocks from Vancouver Island University and surrounded by parks, shops, and schools, this property’s location is ideal for attracting a wide range of tenants or buyers. Whether catering to students, families, or professionals, the demand in this neighborhood ensures strong income-generating potential.This property is a rare gem offering both immediate and long-term value. Don’t miss the opportunity to secure a highly versatile investment in one of the most sought-after areas. NO GST* (id:47423)
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Detailed Information
Features
Central location, Level lot, Partially cleared, Other, Rectangular
Listing Contract Date
2025-01-09
Municipal ID
007-105-801
Ownership Type
Freehold
# of Parking Spaces
5
Property Type
Vacant Land
Transaction Type
For sale
Zoning Description
CS1, R1 & R5
Zoning
Residential/Commercial
Building
Land
Total Size
10824 square feet
Size of Irregular Land
10824
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