€1,023,331 EUR | £866,445 GBP | $1,150,966 USD
Type: Land-Plot
Bathrooms: 2
Floor area: 2330 ft2
Land area: 26047 ft2
Agent/Owner:
exp Realty
Cory Chapman
Location: Canada
Speaks: English
Display Phone No.
Advert last updated: 5/9/2025
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4799 Cordova Bay Rd, Saanich, BC V8Y 2J8
ATTENTION BUILDERS / DEVELOPERS! An exceptional opportunity awaits in the highly sought-after Cordova Bay neighbourhood! This expansive 26,000+ SF double lot offers incredible subdivision potential and is the perfect canvas for your next project. Currently, a solid 1960s-era home sits on the property, however with recent changes to zoning and density regulations, this property presents a variety of exciting possibilities. You can choose to renovate the existing home, enjoying the spacious private lot, or take advantage of the subdivision potential to create multiple lots for development. The current single lot was created from two smaller lots back in the 1960s, so there is ample opportunity to explore higher-density options. Live in the existing home, rent it out, or subdivide the land for a more substantial project, like multifamily units or single-family homes. This is a lucrative chance to capitalize on the growing demand for density in one of Victoria's most desirable areas.
Layout Main Level Entry with Lower/Upper Lvl(s)
Lot features Private
Heating Electric, Hot Water, Wood
Flooring Carpet, Hardwood
Roof Fibreglass Shingle
Parking Spaces 4
Exterior features Balcony/Patio, Fenced
Additional AccomodationPotential
Parking Type Attached, Driveway, Garage
Kitchens1
Laundry FeatureIn House
Fireplace DescriptionLiving Room, Recreation Room, Wood Burning, Wood Burning Stove
Taxes$5,072
Rentals Allowed Unrestricted
Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
Notes:
Courtesy of Newport Realty Ltd.
The listing data displayed is deemed reliable but is not guaranteed accurate. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer`s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting.
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