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4567 West Saanich Road, Royal Oak Saanich

Price

$1,275,000

BedroomsNot listed

BathroomsNot listed

Size1300 sqft

Year Built1930

Property TypeDetached Home

Property Taxes$3,962

Description

Prime Corner Lot with Development Potential – 4567 West Saanich Rd, Saanich, BC This 9,913 sq.ft. corner lot offers exceptional development potential in a Primary Growth Area of Saanich. Currently zoned A-1 (Rural), the property is well-positioned for rezoning to RA-1A (Low-Rise Apartment), allowing for multi-family housing or mixed-use development. Located near Royal Oak, Uptown, and major transit routes, the site is surrounded by established residential, commercial, and retail amenities. The neighbourhood is evolving rapidly, with increasing demand for housing, making this a prime location for future development. With high visibility, excellent access, and rezoning potential without the need for land assembly, developers can move quickly with reduced costs. The updated Official Community Plan (OCP) supports increased density, making 4567 West Saanich Rd an ideal location for new housing or mixed-use projects in Saanich’s thriving urban core. (id:39198)

Listed By

The listing brokerage and/or agent is eXp Realty

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Property Dimensions

The Property Location

Mortgage Calculator

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Total Monthly Payment

$4,911 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,020,000

Total Interest Payments

$628,893

Total Payment (Principal + Interest)

$1,648,893

Cashflow Calculator

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Monthly Cash Flow

$300 / month

Monthly Expenses

-$1,700

Monthly Income

$2,000

Your monthly cash flow is positive

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Meet Alex & Georgia

Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.

Locations We Serve

Cowichan Valley

Cowichan Valley

Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture

Westshore

Westshore

The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.

Victoria

Victoria

As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.

Oak Bay

Oak Bay

Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.

Saanich

Saanich

The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.

We can help you find your dream home