977/989 Foul Bay Rd, Oak Bay, BC, V8S 4H9

$1,900,000

MLS® # 976959

House For Sale In Oak Bay, British Columbia

$1,900,000

  • 4

    Bedrooms

  • 2

    Baths

  • 11491.00 Square Feet

    Lot Size

Property Information:

DEVELOPER ALERT! Nestled in the heart of a highly sought-after area of Oak Bay, this sprawling 11,500 sq/ft. lot offers endless potential for visionary developers and investors alike. Positioned on a quiet, tree-lined street yet just minutes away from the city’s best shopping, dining, and schools, this property is unmatched for its convenience and desirability. The existing structure, though aged, can serve as a holding property with rental income potential, or a clean slate for your dream development. Currently 2 x 2 bed/1 bath units. With generous zoning allowances and ample space for customization, this lot is perfect for creating a bespoke luxury residence or a multi-unit development under the new Bill 44 requirements. Don’t miss the chance to capitalize on a rare opportunity to purchase a full duplex with development opportunities in an area well known for ongoing appreciation. Location, size, and future potential make this a standout property destined for transformation.

Property Features:

  • Bedrooms: 4
  • Bathrooms: 2
  • Annual Tax Amount: $7,189
  • Basement: Unfinished
  • Built in: 1954
  • Construction Materials: Frame Wood, Insulation: Ceiling, Insulation: Partial, Stucco & Siding
  • Cooling: Air Conditioning
  • Fireplace Features: Other
  • Floor Space (approx): 5097 Square Feet
  • Flooring: Hardwood, Tile
  • Foundation Details: Concrete Perimeter
  • Heating: Heat Pump, Natural Gas
  • Laundry Features: In Unit
  • Lot Features: Corner Lot, Near Golf Course, Recreation Nearby, Shopping Nearby, Sidewalk, Southern Exposure
  • Lot Frontage: 11491 Square Feet
  • Lot Size: 11491.00 Square Feet
  • Ownership: Freehold
  • Parking Features: Driveway, Garage
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Contact List Licensee
  • Property Sub Type: Full Duplex
  • Roof: Asphalt Shingle
  • Water Source: Municipal
  • Zoning Description: Non-Conforming
  • Sewer:
  • No. of Parking Spaces: 4

Rooms:

  • Bathroom Main Level
  • Other Main Level 1.32 m x 3.63 m Note: Entrance
  • Dining Main Level 2.26 m x 2.69 m
  • Living Main Level 3.91 m x 5.94 m
  • Other Other level :Lower 3.94 m x 6.40 m Note: Garage
  • Other Main Level 1.32 m x 2.95 m Note: Entrance
  • Storage Other level :Lower 2.95 m x 8.97 m
  • Other Other level :Lower 4.11 m x 8.46 m Note: Garage
  • Living Main Level 4.24 m x 5.31 m
  • Bathroom Main Level

Courtesy of: eXp Realty

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

Additional Photos