Central Saanich · Residential · MLS® 1044849

1193 Dignan Rd, Central Saanich

$995,000
2Bedrooms
1Bathrooms
1,022Sq Ft
1950Year Built

About this property

Rare opportunity to acquire a prime development property on a level 100' x 120' lot situated near the end of a quiet cul-de-sac. Recently, Central Saanich Re-rezoned this street to Residential Corridor (R-C) Zoning, supporting the municipality's vision for increased housing density. This generous site currently supports development of up to 6 townhomes under this new zoning, with potential for additional density through a variance process (buyer to verify). To accelerate your project, the sale includes concept plans for an 8-unit townhomes, along with a survey, engineering report, arborist report, and other valuable due diligence materials. Currently tenanted, providing holding income while development plans are finalized, or it could serve as a strategic land assembly opportunity. Please do not walk the property without listing agent present. An outstanding opportunity for developers, builders, or investors looking to capitalize on one of Central Saanich's emerging growth corridors.

Features & details

DDF Property Type Single Family
Building Type House
Land Size 12,060 sq ft
Construction Date 1950
Feature Cul-de-sac
Feature Level lot
Feature Rectangular
Property Type Single Family Detached
Heating Baseboard,Electric,Forced Air,Oil
Cooling None
Parking Spaces 3
Garage Spaces 1
Water Source Municipal,To Lot
Sewer Sewer To Lot
Style Cottage/Cabin
Flooring Laminate,Wood
Roof Asphalt Shingle
Foundation Poured Concrete
Zoning R1

Room dimensions

Hobby room
13\' x 12\'
Bathroom
4-Piece
Primary Bedroom
12\' x 9\'
Kitchen
13\' x 12\'
Bedroom
12\' x 12\'
Living room
17\' x 14\'
Workshop
19\' x 13\'

Location

Brokerage Listed by Macdonald Realty Victoria. Information is deemed reliable but not guaranteed.