About This Property
MAPLEWOOD DEVELOPMENT LANDMARK – 12,000+ SQFT FLAT LOT. A rare, high-yield opportunity in one of Saanich’s most desirable neighborhoods. This expansive, level lot is situated on a quiet, oak-lined laneway and offers significant redevelopment potential under the SSMUH framework (Buyer to verify). A strategic acquisition for developers, builders, or those seeking a premier holding property. The existing character home provides solid rental income or a renovation canvas while you finalize architectural plans, featuring original hardwoods, a spacious living room with fireplace, and a finished attic studio. The unfinished basement offers further footprint flexibility. The massive 12,000+ sq ft site is surrounded by mature trees, offering the perfect blend of privacy and project scale. Unbeatable central location just minutes to UVIC, Uptown, and Downtown Victoria. Invest in the land; build for the future. Opportunities of this caliber in Maplewood are increasingly scarce. (id:64973)
At $697 per square foot, this Saanich property is priced competitively compared to the average $810 per square foot for single-family homes in the area. The large, flat lot and development potential under the SSMUH framework make this an attractive acquisition for builders or investors seeking to add value through renovation or redevelopment.
Property Details
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