Builder Alert! This property has recently been rezoned to RS-1 allowing for 2 single-family homes to be built. This lot will yield two 4000 square foot building lots under the new RS-1 zone. As part of the rezoning approval, the house plans seen in the photos will be attached to the lots by way of a covenant. Rarely do you have an opportunity to buy a newly rezoned property ready to subdivide and build. Either build them both and sell them or build one for yourself and sell the other. This is a limited time opportunity as the seller will likely start the building process if this is not sold in the next two weeks.
Listed by Rodney Henderson
of Engel & Volkers Vancouver Island - Oak Bay
Data was last updated February 27, 2021 at 02:05 AM (UTC)
Area Statistics
Listings on market:
324
Avg list price:
$900,000
Min list price:
$262,900
Max list price:
$5,995,000
Avg days on market:
35
Min days on market:
1
Max days on market:
828
Avg price per sq.ft.:
$493.91
These statistics are generated based on the current listing's property type
and located in
Saanich East. Average values are
derived using median calculations.