Development Opportunity – TWO LEGAL LOTS located in South Oak Bay on a corner quiet tree-lined street. Build 2 homes with potential for suites or consider future rezoning for a duplex. Prime location offering access to all the amenities that Oak Bay has to offer. The neighborhood is highly sought after by families, professionals, and retirees, making it an excellent place to invest in a building project. Transportation, schools, shopping, beaches, and parks are all within walking distance. The house built in 1927 is a charming English cottage with plenty of character - wood-burning fireplace, oak and fir floors, and a detached garage or workshop. Rentable for revenue. No subdivision is required. Convenient corner location. Total parcel size 73'x100' providing two 50'x73' lots for small houses. Zoned RS-5. Recent provincial direction welcomes this type of development. Call for further details. Motivated Seller.
General Info:
Property Type:
Residential
Type:
Single Family Detached
Year built:
1927
(Age: 98)
Living Area:
1,642 sq. ft. 153 m2
Listing General Location:
OB South Oak Bay, Oak Bay
Bedrooms:
2
Bathrooms:
1.0
(Full:-/Half:-)
Lot Size:
7,300 sq. ft. 678 m2
Lot Details:
73x100
Kitchens:
1
Home Style:
Arts & Crafts, Character
Taxes:
$5,875.82 /
2023
Additional Info:
Building Features:
Basement, Transit Nearby
Construction:
Stucco, Wood
New Construction:
No
Basement:
Not Full Height, Unfinished, Walk-Out Access, With Windows
Foundation:
Concrete Perimeter
Roof:
Asphalt Shingle
Floor finish:
Hardwood, Tile
Total Building Area:
2,879 sq. ft. 267 m2
Total Unfinished Area:
1,237 sq. ft. 115 m2
# Bedrooms or Dens Total:
2
# Main Level Bedrooms:
2
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
550 sq. ft. 51.1 m2
Living Area Main Floor:
1,092 sq. ft. 101 m2
Living Area Other Floor:
0 sq. ft. 0 m2
Living Area 2nd Floor:
0 sq. ft. 0 m2
Living Area 3rd Floor:
0 sq. ft. 0 m2
Fireplaces:
1
Fireplace Details:
Living Room, Wood Burning
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Forced Air, Oil
Fireplace:
Yes
Warranty:
No
More Info Available:
Pending Date:
Dec 27, 2023
Date Sold:
Apr 30, 2024
Appliances Included:
F/S/W/D
Interior Features:
Dining Room, French Doors, Storage
Window Features:
Wood Frames
Exterior Features:
Balcony/Deck, Fencing: Partial
Directions:
Off Victoria Ave. between Windsor and McNeill Ave.
Entry Location:
Main Level
Rent Allowed:
Unrestricted
Room Information:
Floor
Type
Size
Other
Main Floor
Deck
14' 4.27 m × 10' 3.05 m
Main Floor
Pantry (Finished)
4' 1.22 m × 3' .91 m
Main Floor
Balcony
19' 5.79 m × 14' 4.27 m
Main Floor
Porch
7' 2.13 m × 6' 1.83 m
Main Floor
Office
10' 3.05 m × 6' 1.83 m
Main Floor
Sunroom
8' 2.44 m × 7' 2.13 m
Main Floor
Balcony
8' 2.44 m × 6' 1.83 m
Main Floor
Patio
14' 4.27 m × 10' 3.05 m
Main Floor
Garage
18' 5.49 m × 8' 2.44 m
Main Floor
Bedroom
12' 3.66 m × 10' 3.05 m
Main Floor
Kitchen
11' 3.35 m × 11' 3.35 m
Main Floor
Entrance
7' 2.13 m × 4' 1.22 m
Main Floor
Living Room
16' 4.88 m × 14' 4.27 m
Main Floor
Bedroom
13' 3.96 m × 12' 3.66 m
Main Floor
Entrance
7' 2.13 m × 6' 1.83 m
Main Floor
Dining Room
10' 3.05 m × 8' 2.44 m
Lower Level
Family Room
16' 4.88 m × 9' 2.74 m
Lower Level
Workshop
10' 3.05 m × 9' 2.74 m
Lower Level
Laundry
11' 3.35 m × 11' 3.35 m
Bathrooms:
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4-Piece
Financial Info:
Assessed:
1387500.0
Assessment year:
2023
Legal Info:
Jurisdiction name:
District of Oak Bay
Legal Description:
LOT 1, BLOCK 3, PLAN VIP1260, SECTION 23, VICTORIA LAND DISTRICT, EXC PCL A (DD 68968-I) THEREOF
Zoning:
RS-5
Other Details:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
1
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Occupancy:
Owner
Property Condition:
Fixer, Land Value Only, Resale
Land Info:
Exposure / Faces:
North
Layout:
Main Level Entry with Lower Level(s)
Lot Site Features:
Central Location, Corner Lot, Level, Marina Nearby, Near Golf Course, Private, Quiet Area, Serviced, Shopping Nearby
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
1
Garage:
Yes
Parking Features:
Driveway, Garage
Total Parking Spaces:
2
Road Surface Type:
Paved
Listing Info:
Date Listed:
Oct 17, 2023