About This Property
Prime Investment & Redevelopment Opportunity-Over ½ Acre of usable land in an excellent Saanich neighbourhood. Explore the potential of this large 22,230 sqft parcel located in the South Wilkinson Development Area. This gently sloping property offers outstanding potential and represents a strategic opportunity for multi-generational living, investors, builders, or developers looking to capitalize on Victoria’s evolving housing market. The existing 1955 bungalow provides holding income potential; rent it out while you design and plan your future project. There is flexibility to explore multiple development configurations suited to current market demand and municipal guidelines. This is one of the largest and best-priced properties available in Greater Victoria, offering strong upside potential in a rapidly growing area. Opportunities of this scale and value are rare, act quickly. Contact your Realtor® today for details on zoning, development possibilities, and investment returns. (id:64973)
At $939,000, this Saanich property is priced competitively at $938 per square foot, which is slightly below the average for the neighborhood. The large lot size and potential for redevelopment make this an attractive option for investors, builders, or multigenerational families seeking to capitalize on the evolving housing market in Victoria.
Property Details
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