$600,000
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3 Beds
1 Bath
1 SqFt
SOLD DATE : 04/20/2020
Key Details
Sold Price $600,000
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $600,000
MLS Listing ID 818060
Sold Date 04/20/20
Style Rancher
Bedrooms 3
Rental Info Unrestricted
Year Built 1947
Annual Tax Amount $2,400
Tax Year 2019
Lot Size 4.930 Acres
Acres 4.93
Lot Dimensions 288 ft wide x 769 ft deep
Property Description
ATTENTION DEVELOPERS! This gently sloping 4.93 acre parcel has just been re-zoned to RU5 (see supplements). Subject property runs East - West in between 2-5 acre parcels on both the north & south sides and a working farm (ALR) to the East.There is a small 3 Bdrm. home which is serviced with City water & septic. and a pond located towards the back SE corner. Property has been approved for a 7 lot bare land strata development with lot sizes ranging from 25,900 to 28,417 sq.ft. (see supplements). This offering represents a terrific opportunity to develop what would be a most desirable subdivision in a AAA location...constructing homes on some or all of the lots would only further enhance the profit margin. Despite the fact that the property is outside the Sewer Specified Area on lands designated as Community Residential the property may qualify as a good holding property as sewer currently runs along Helgesen Rd. approx. 1,000' to the south. Contact LS for additional information.
Location
Province BC
County Capital Regional District
Area Sk Otter Point
Direction West
Rooms
Kitchen 0
Interior
Heating Baseboard, Electric
Laundry In House
Exterior
Roof Type Asphalt Shingle
Parking Type Driveway
Building
Lot Description Rectangular Lot
Building Description Wood, Rancher
Faces West
Foundation Poured Concrete
Sewer Septic System
Water Municipal
Structure Type Wood
Others
Tax ID 007-315-244
Ownership Freehold
Pets Description Aquariums, Birds, Cats, Caged Mammals, Dogs
Read Less Info
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Bought with Royal LePage Coast Capital - Oak Bay