$701,000
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2 Beds
1 Bath
924 SqFt
SOLD DATE : 03/01/2024
Key Details
Sold Price $701,000
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 924 sqft
Price per Sqft $758
MLS Listing ID 948137
Sold Date 03/01/24
Style Rancher
Bedrooms 2
Rental Info Unrestricted
Year Built 1954
Annual Tax Amount $3,627
Tax Year 2023
Lot Size 10,454 Sqft
Acres 0.24
Property Description
***DEVELOPMENT POTENTIAL*** This expansive lot just blocks from the ocean and lagoon offers a tremendous amount of unrealized potential. The more than 10,000 sq.ft. gently sloping lot features privacy hedges from Lagoon road, tons of sunlight, and southern exposure - a gardeners dream as evidenced by the multiple garden beds adorning the yard! Peak-a-boo views of the ocean from the large back deck of the home hint at the vistas a second story would provide. With ample space and new regulations recently announced about secondary suites, this property is ideal for either adding additional housing to the current configuration or building a new single or multi-family home. Access to this corner lot from 2 roads expands those possibilities. The cozy home currently on the property has been lovingly cared for by the same tenants for more than 2 decades who are currently on a month-to-month lease. Take advantage of the new rules and collect rent while you design your future dream home!
Location
Province BC
County Capital Regional District
Area Co Lagoon
Direction Southwest
Rooms
Other Rooms Storage Shed
Basement Crawl Space, Not Full Height, Partial, Unfinished
Main Level Bedrooms 2
Kitchen 1
Interior
Interior Features Breakfast Nook, Eating Area, Storage
Heating Forced Air, Oil
Cooling None
Fireplaces Number 1
Fireplaces Type Living Room, Wood Burning
Fireplace 1
Appliance F/S/W/D
Laundry In House
Exterior
Exterior Feature Balcony/Deck, Fencing: Partial, Garden
Garage Spaces 1.0
View Y/N 1
View Ocean
Roof Type Asphalt Shingle
Handicap Access Ground Level Main Floor, Primary Bedroom on Main
Parking Type Driveway, Garage
Total Parking Spaces 2
Building
Lot Description Corner, Family-Oriented Neighbourhood, Quiet Area, Recreation Nearby, Rural Setting, Shopping Nearby, Sloping, Southern Exposure
Building Description Frame Wood, Rancher
Faces Southwest
Foundation Poured Concrete
Sewer Sewer Connected
Water Municipal
Structure Type Frame Wood
Others
Tax ID PID: 000-083-445
Ownership Freehold
Pets Description Aquariums, Birds, Caged Mammals, Cats, Dogs
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Bought with Unrepresented Buyer Pseudo-Office