4 Townhome DEVELOPMENT SITE! BUILD UP TO AN 8000+SQFT! Prime Investment Opportunity in West Saanich’s Marigold Area: This 8,600+ sq. ft. lot offers exceptional potential for development into a 4-unit building, with an estimated construction cost of $250-$300 per sq. ft.. The property currently features a charming 5-bedroom home with 1,200 sq. ft. of living space on the main level, including a wood-burning fireplace, separate dining and family rooms, and a kitchen upgraded with granite countertops. The main level opens to a large covered deck overlooking a private backyard, while the upper level boasts a bonus room with a spacious walk-out deck offering neighbourhood views. The lower level includes a 2-bedroom suite (Currently rented for $1750 plus utilities) with its own kitchen, living room, and dining area, plus ample storage and shared laundry facilities. The expansive backyard features sheds and ample space for gardening or other uses, with generous parking on a 66 ft. wide lot. Located on a private cul-de-sac in a quiet, sought-after neighbourhood close to schools and amenities, this property presents a valuable opportunity for investors or long-term home buyers. Immediate possession available for main 3 bedroom unit. (id:47423)
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Detailed Information
Bedrooms
5
Bathrooms
2
Features
Cul-de-sac, Curb & gutter, Private setting
Listing Contract Date
2024-09-04
Municipal ID
007-834-454
Ownership Type
Freehold
# of Parking Spaces
4
Plan
VIP1171
Property Type
Single Family
Transaction Type
For sale
Views
Mountain view
Zoning
Residential
Building
Appliances
Refrigerator
Constructed Date
1951
Cooling Type
None
Fireplace Present
Yes
# of Fireplaces
1
Heating Fuel
Natural gas
Heating Type
Forced air
Total Finished Area
2358 sqft
Type
House
Rooms
Room
Level
Dimensions
Notes
Media
Second level
12 ft x 13 ft
Bedroom
Lower level
10 ft x 12 ft
Bathroom
Lower level
3-Piece
Media
Lower level
16 ft x 10 ft
Bedroom
Lower level
10 ft x 9 ft
Porch
Main level
7 ft x 6 ft
Bathroom
Main level
4-Piece
Bedroom
Main level
11 ft x 8 ft
Bedroom
Main level
12 ft x 9 ft
Bedroom
Main level
13 ft x 12 ft
Family room
Main level
10 ft x 11 ft
Dining room
Main level
15 ft x 9 ft
Kitchen
Main level
12' x 13'
Living room
Main level
16' x 15'
Kitchen
Additional Accommodation
8 ft x 108 ft
Dining room
Additional Accommodation
8 ft x 14 ft
Living room
Additional Accommodation
9 ft x 12 ft
Parking Spaces
Name
Spaces
Stall
Land
Total Size
8689 square feet
Size of Irregular Land
8689
Open Houses
Date & Time
Comments
13/10/2024 2:30 PM - 3:45 PM
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