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Home BC Greater Victoria Saanich Tillicum
1 Obed Ave
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1 Obed Ave $3,200,000
$3,200,000
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1 Obed Ave
Saanich, British Columbia V9A1H8

MLS® Number: 987766

Listing 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. (28890257)

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Neighbourhood Name
Gorge
Title
Freehold
Land Size
19354 sqft
Annual Property Taxes
$10,959
Time on REALTOR.ca
37 days

Building

Building Features
Total Units
0

Land

Other Property Information
Zoning Description
RA-10
Zoning Type
Unknown
Data provided by: Victoria Real Estate Board 3035 Nanaimo Street, Victoria, British Columbia V8T 4W2

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