Saanich, British Columbia V8Z2G5
$999,000
MLS® 1048194
4
Bedrooms
2
Bathrooms
1,564 square feet
Living Area
1952
Year Built
Single Family
Type
5,280 square feet
Lot Size
2
Parking
DEVELOPMENT OPPORTUNITY | 625 BROADWAY STREET, VICTORIA, BC 10,000+ SQ. FT. LOT | FOUR-UNIT INFILL POTENTIAL | HOLDING INCOME An opportunity for builders, developers and investors to secure a property with existing rental income and explore the potential for four-unit infill housing under the current zoning. Located on a quiet dead-end street in the desirable Glanford neighbourhood, this property offers a generous lot, an existing four-bedroom, two-bathroom home and a detached garage. Why consider this property? Four-unit infill potential: Explore redevelopment under the current zoning, subject to municipal requirements, site constraints and permitting. Existing rental income: A four-bedroom home provides holding income while you investigate the redevelopment opportunity. 10,000+ sq. ft. lot: Potential to explore site layout, building design, access and parking. Due diligence opportunity: A longer subject-removal period may be negotiated to allow time for preliminary drawings, municipal consultation, feasibility analysis and permit preparation. Established neighbourhood: Convenient access to parks, schools, shopping and everyday amenities. Contact Chris Troke for more information 250-886-5540 (id:65701)
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