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Additional details

Nader Bakhoum, PMP, P.Eng.

info@home-nader.com +1(604) 612-7228

$ 795,000

Est. payment | -/mo

2 Beds

1 Bath

794 SqFt

Save

$ 795,000

Est. payment | -/mo

Save

2 Beds

1 Bath

794 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 794

Square Footage 794 sqft

Price per Sqft $1,001

Subdivision Oaklands

MLS® Listing ID 1053132

Bedrooms 2

Year Built 1946

Lot Size 5,760 Sqft

Acres 5760.0

Property Sub-Type Freehold

Property Description

Prime Development Opportunity – Offered at Land Value! Ideally situated in a desirable neighbourhood, this approximately 5,800 sq. ft. flat, level lot presents an excellent opportunity for builders, developers, and investors. Surrounded by newer homes and conveniently located near UVIC, Camosun College, Hillside Mall, and major amenities. This is an opportunity to secure a property with significant redevelopment potential. Plans and permits for a duplex are in place. A demolition permit has been applied for, potentially helping streamline the development process. The existing dwelling is considered a teardown, making this an ideal opportunity to focus on the land and its future possibilities. Currently tenanted at $2,200/month, the property provides rental income while you plan your next steps. A rare opportunity to build in a prime location. Sold AS IS, WHERE IS. Buyers are to verify all permits, plans, measurements, development potential, and requirements to their own satisfaction. (id:24570)

Location

Province BC

Zoning Residential

Rooms

Kitchen 1.0

Extra Room 1 Main level 7'11 x 10'8 Storage

Extra Room 2 Main level 7'11 x 4'11 Laundry room

Extra Room 3 Main level 8'10 x 12'8 Kitchen

Extra Room 4 Main level 5'9 x 8'0 Bathroom

Extra Room 5 Main level 10'0 x 11'4 Bedroom

Extra Room 6 Main level 9'3 x 10'2 Bedroom

Interior

Cooling None

Fireplaces Number 1

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 2

Garage No

Private Pool No

Others

Ownership Freehold

Listed by Royal LePage Coast Capital - Chatterton

1533 Oakland Ave Victoria, BC V8T2L1