999 Violet Ave new

Saanich,BC V8Z 2R7

$ 1399000

3 Beds

2 Baths

2882 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,882 sqft

Price per Sqft $485

MLS Listing ID 1005125

Style Main Level Entry with Lower Level(s)

Bedrooms 3

Year Built 1950

Annual Tax Amount $5,631

Tax Year 2024

Lot Size 0.410 Acres

Property Sub-Type Single Family Detached

Property Description

A rare opportunity to acquire a large corner lot at 999 Violet Ave. This 1950s home is coming to the market for the first time in over 30 years. The home is being sold as is where is, and the value of the property lies mainly in its development potential. At over 18,000 sq ft, this large corner lot has many possibilities for redevelopment. From subdivision to Townhouse or multi-unit, there are plenty of options for builders looking to capitalize on this large lot. Pre-liminary conversations with Saanich highlight the opportunity to subdivide the property into two approx. 9000 sq ft lots. This is the easiest option as the original lot sizes on the street are 9000 sq ft. The potential also lies in the ability to create 3 x 6000 sq ft lots due to the property's corner location. New regulations under the Small Scale Multi-Tenant Housing (SSMH) allow for multi-unit dwellings. The property also benefits from newly upgraded sidewalks and road improvements along Grange Rd.

Location

Province BC

County Capital Regional District

Area Sw Marigold

Zoning RS6

Rooms

Kitchen 1

Interior

Heating Oil

Cooling None

Fireplaces Number 1

Fireplaces Type Wood Burning

Laundry In House

Exterior

Parking Features Garage Double

Garage Spaces 2.0

Roof Type Asphalt Shingle

Building

Foundation Poured Concrete

Sewer Sewer Connected

Water Municipal

Structure Type Frame Wood

Others

Pets Allowed Aquariums,Birds,Caged Mammals,Cats,Dogs

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