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110 - 4460 Chatterton Way
Victoria, BC
Canada V8X 5J2

Details
Address | 4799 Cordova Bay Rd |
Area | Saanich East |
Sub Area | Cordova Bay |
State/Province | British Columbia |
Country | Canada |
Price | $1,599,000 |
Property Type | Lots/Acreage |
Bedrooms | 4 |
Bathrooms | 2 |
Floor Space | 2330 Square Feet |
Lot Size | 26047.00 Square Feet |
Waterfront | No |
Year Built | 1964 |
Taxes | $5,072 |
Tax Year | 2024 |
MLS® # | 993216 |
ATTENTION BUILDERS / DEVELOPERS! An exceptional opportunity awaits in the highly sought-after Cordova Bay neighbourhood! This expansive 26,000+ SF double lot offers incredible subdivision potential and is the perfect canvas for your next project. Currently, a solid 1960s-era home sits on the property, however with recent changes to zoning and density regulations, this property presents a variety of exciting possibilities. You can choose to renovate the existing home, enjoying the spacious private lot, or take advantage of the subdivision potential to create multiple lots for development. The current single lot was created from two smaller lots back in the 1960s, so there is ample opportunity to explore higher-density options. Live in the existing home, rent it out, or subdivide the land for a more substantial project, like multifamily units or single-family homes. This is a lucrative chance to capitalize on the growing demand for density in one of Victoria's most desirable areas.
Listed by Newport Realty Ltd.
NOTE: MLS® property information is provided under copyright © by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. The website must only be used by consumers for the purpose of locating and purchasing real estate.