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Karen McClintock

karen.mcclintock@engelvoelkers.com +1(613) 294-1945

$ 1,399,000

Est. payment -/mo

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999 Violet Ave Saanich, BC V8Z2R7

3 Beds

2 Baths

3,382 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 3,382 sqft

Price per Sqft $413

Subdivision Marigold

MLS® Listing ID 1005125

Bedrooms 3

Year Built 1950

Lot Size 0.415 Acres

Acres 18075.0

Property Sub-Type Freehold

Source Victoria Real Estate Board

Property Description

A rare opportunity to acquire a large corner lot residential property 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 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 plentA 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.y 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. (id:24570)

Location

Province BC

Zoning Residential

Rooms

Kitchen 1.0

Extra Room 1 Lower level 1 ft X 1 ft Workshop

Extra Room 2 Lower level 1 ft X 1 ft Bathroom

Extra Room 3 Main level 1 ft X 1 ft Kitchen

Extra Room 4 Main level 1 ft X 1 ft Bathroom

Extra Room 5 Main level 1 ft X 1 ft Bedroom

Extra Room 6 Main level 1 ft X 1 ft Bedroom

Interior

Cooling None

Fireplaces Number 1

Exterior

Parking Features Yes

View Y/N No

Total Parking Spaces 4

Private Pool No

Others

Ownership Freehold

Listed by Pemberton Holmes Ltd.

Karen McClintock

Broker | License ID: MCCLIKA

+1(613) 294-1945

Karen McClintock

999 Violet Ave Saanich, BC V8Z2R7

Key Details

Location

Rooms

Interior

Exterior

Others

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999 Violet Ave