Attention Builders/Developers: Missing Middle Market development opportunity. This property recently was granted conditional rezoning/subdivision approval for small lot development. Centrally located and only steps away from a major transit route, this corner property features a 2-story character home with an adjacent 2530 s.f. lot and plans for a 2000 s.f., 4 bedroom, 4 bath home. Steps from the Jubilee Hospital, Save-on Foods, Oak Bay Rec, and Oak Bay Village, this property is ideal for a builder/developer looking for a solid investment in a prime location with an excellent school catchment. Live in the existing home while you build next door, or rezone the parcels for higher density (5-6 units). The charming 2-bedroom home features a sun-drenched living room, wood flooring, a formal dining room, a bright & spacious kitchen, and one full bath. The lower level is unfinished & provides ample space for storage or further development. Don’t miss out on this must-see property! (id:47423)
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Detailed Information
Bedrooms
2
Bathrooms
1
Features
Level lot, Corner Site, Rectangular
Listing Contract Date
2024-06-19
Municipal ID
002-242-486
Ownership Type
Freehold
# of Parking Spaces
2
Plan
5969
Property Type
Single Family
Transaction Type
For sale
Zoning Description
R1-S2/R1-S32
Zoning
Residential
Building
Architectural Style
Character
Constructed Date
1949
Cooling Type
None
Fireplace Present
Yes
# of Fireplaces
1
Heating Fuel
Natural gas
Heating Type
Forced air
Total Finished Area
864 sqft
Type
House
Rooms
Room
Level
Dimensions
Notes
Unfinished Room
Lower level
13' x 11'
Unfinished Room
Lower level
31' x 15'
Bedroom
Main level
13' x 9'
Bathroom
Main level
10' x 5'
Primary Bedroom
Main level
13' x 12'
Kitchen
Main level
14' x 10'
Dining room
Main level
12' x 8'
Living room
Main level
15' x 12'
Entrance
Main level
9' x 3'
Land
Total Size
5280 square feet
Size of Irregular Land
5280
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