$3,200,000
Est. payment /mo
0.44 Acres Lot
Active
1 Obed Ave Saanich, BC V9A 1H8
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 987766
Rental Info Unrestricted
Annual Tax Amount $10,959
Tax Year 2024
Lot Size 0.440 Acres
Acres 0.44
Property Sub-Type Multi Family
Property Description
Prime Development Opportunity in Saanich. This is a rare opportunity to acquire a rezoned development site in a quiet residential neighborhood just off Gorge Road East, within the Saanich Municipality. The property comes with an approved Development Permit with no inclusionary housing requirements. The building plans are substantially completed for a 26-unit multi-family residential project, featuring a three-story design with a total gross building area of 27,993 SF. The well-designed suite mix includes 18 spacious one-bedroom units and 8 two-bedroom units, catering to diverse residence needs.
The site's gently sloping topography minimizes excavation requirements for the under-building parking level, optimizing construction efficiency.
The site's gently sloping topography minimizes excavation requirements for the under-building parking level, optimizing construction efficiency.
Location
Province BC
County Capital Regional District
Area Sw Gorge
Zoning RA-10
Others
Tax ID 031-904-742
Ownership Freehold
Listed by Colliers