Discover an exceptional opportunity in Saanich with this charming 1940-built home, now benefiting from the newly designated High Transit SSMUH zoning. Nestled on two legal lots, this property holds incredible potential, as the updated zoning may allow for the development of 8 to 12 units, offering a rare chance for substantial density in this desirable location. The existing home, full of character from a bygone era, sits on a combined lot size of 11,227 sq. ft. (5,619 and 5,608 sq. ft.). It features 4 bedrooms, 2 full baths, and a largely unfinished basement ideal for storage or future development. Additionally, the property includes a 480 sq. ft. separate garage, perfect for a workshop or additional storage. The sunny, south-facing backyard provides a serene outdoor retreat with ample space for RV parking. Located in a family-friendly neighborhood close to Uptown and top-rated schools, this property offers a unique blend of historic charm and modern development possibilities.
Data was last updated August 14, 2024 at 06:05 PM (UTC)
Area Statistics
Listings on market:
170
Avg list price:
$1,099,450
Min list price:
$299,000
Max list price:
$3,480,000
Avg days on market:
43
Min days on market:
1
Max days on market:
218
Avg price per sq.ft.:
$559.43
These statistics are generated based on the current listing's property type
and located in
Saanich West. Average values are
derived using median calculations.