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Alex Burns

alex@victoriahomes.com +1(250) 882-3335

Listed by Kyle Kerr Initium Real Estate Ltd.

$ 1,850,000

Est. payment | -/mo

3,686 SqFt

Save

$ 1,850,000

Est. payment | -/mo

Save

3,686 SqFt

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Square Footage 3,686 sqft

Price per Sqft $501

MLS Listing ID 1044857

HOA Y/N No

Annual Tax Amount $9,700

Tax Year 2026

Lot Size 0.420 Acres

Acres 0.42

Property Sub-Type Unimproved Land

Property Description

Prime 0.42-acre development opportunity w/ approved permits to build a duplex at the rear and convert the existing home into another duplex—creating 4 homes. Developers can hold & rent the house while finalizing construction plans, maximizing ROI from day one. Alternatively, this is an ideal multi-generational property—offering the space & flexibility for families or groups to create customized living arrangements on one property Nestled behind mature trees & set back from the road, this rare gem hits the market for the first time in nearly 30 years.The existing home feat: original hardwood floors & charming mid-century details. .South-facing rear yard captures abundant natural light. Located in the heart of Esquimalt with quick access to popular parks, local amenities, shopping, & dining. Enjoy convenient commutes to Downtown Victoria, Saanich, & the West Shore. Don't miss this versatile opportunity, whether you're building your investment portfolio or your family's future.

Location

Province BC

County Capital Regional District

Community Es Gorge Vale

Area Esquimalt

Zoning Residential Multi-Family

Direction Admirals Rd To Parklands Dr. Turn Up Parklands. 863 Is On The Right. No Sign At Seller's Request.

Interior

Fireplace No

Exterior

Parking Features On Site

Utilities Available Cable Connected, Compost, Electricity Connected, Garbage, Natural Gas Available, Phone Connected, Recycling

View Y/N Yes

View Ocean

Street Surface Paved

Garage No

Building

Lot Description Central Location, Easy Access, Landscaped, Near Golf Course, Serviced

Sewer Sewer Connected

Water Municipal

Others

Ownership Freehold

Acceptable Financing Purchaser To Finance

Listing Terms Purchaser To Finance

Nearby School & Business

+1(250) 882-3335

alex@victoriahomes.com

3440 Douglas St, # 202, Victoria, Canada

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863 Parklands Dr Esquimalt, BC V9A 4L6