1 Obed Ave Active

Saanich,BC V9A 1H8

$ 3200000

- Bed

- Bath

0 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 987766

Rental Info Unrestricted

Annual Tax Amount $10,959

Tax Year 2024

Lot Size 0.440 Acres

Acres 0.44

Property Sub-Type Multi Family

Property Description

Prime Development Opportunity in Saanich. This is a rare opportunity to acquire a rezoned development site in a quiet residential neighborhood just off Gorge Road East, within the Saanich Municipality. The property comes with an approved Development Permit with no inclusionary housing requirements. The building plans are substantially completed for a 26-unit multi-family residential project, featuring a three-story design with a total gross building area of 27,993 SF. The well-designed suite mix includes 18 spacious one-bedroom units and 8 two-bedroom units, catering to diverse residence needs.
The site's gently sloping topography minimizes excavation requirements for the under-building parking level, optimizing construction efficiency.

Location

Province BC

County Capital Regional District

Area Sw Gorge

Zoning RA-10

Others

Tax ID 031-904-742

Ownership Freehold

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