$1,585,000

House For Sale In Royal Oak, Saanich, British Columbia

$1,585,000
  • 4

    Bedrooms

  • 3

    Baths

  • 7375.00 Square Feet

    Lot Size

Property Information:

LAND ASSEMBLY ADJACENT TO THE BC TRANSIT - ROYAL OAK BUS EXCHANGE. 4580 ELK LAKE DRIVE + 521 NORMANDY ROAD = 16,682 SQ FT / 0.383 ACRES. THE SITE BORDERS ROAYL OAK DR / ELK LAKE DRIVE / NORMANDY RD. IT IS JUST STEPS AWAY FROM THE BUS EXCHANGE + COMMONWEALTH PLACE AND THE BROADMEAD VILLAGE SHOPPING PLAZA ARE CLOSE BY. THIS SITE IS BEING SOLD FOR DEVELOPMENT POTENTIAL DUE TO BILL 47 SUGGESTING 3.5 (FAR) MID RISE BLD UP TO 10 STOREYS. THERE IS THE ADDED BENEFIT OF COLLECTING RENTAL REVENUE IN THE INTERIM DURING THE REDEVELOPMENT STAGES. AN EXCELLENT LOCATION FOR THE CREATION OF MUCH NEEDED AFFORDABLE HOUSING IN VICTORIA. COMBINED PRICE OF: $3.6M

Property Features:

  • Bedrooms: 4
  • Bathrooms: 3
  • Annual Tax Amount: $4,091
  • Appliances: Dishwasher, F/S/W/D
  • Architectural Style: Character
  • Basement: Partially Finished
  • Building Features: Transit Nearby
  • Built in: 1946
  • Construction Materials: Frame Wood, Stucco
  • Cooling: None
  • Exterior Features: Fencing: Partial
  • Fireplace Features: Living Room, Wood Burning Stove
  • Floor Space (approx): 2380 Square Feet
  • Flooring: Carpet, Linoleum, Tile, Wood
  • Foundation Details: Concrete Perimeter
  • Heating: Baseboard, Forced Air, Oil
  • Interior Features: Dining/Living Combo, Workshop
  • Laundry Features: In House
  • Lot Features: Central Location, Easy Access, Family-Oriented Neighbourhood, Irregular Lot, Landscaped, Level, Private, Quiet Area, Recreation Nearby, Serviced, Shopping Nearby
  • Lot Frontage: 7375 Square Feet
  • Lot Size: 7375.00 Square Feet
  • Other Structures: Greenhouse, Guest Accommodations, Storage Shed
  • Ownership: Freehold
  • Parking Features: Driveway, RV Access/Parking
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Resale
  • Property Sub Type:
  • Roof: Asphalt Shingle
  • Water Source: Municipal
  • Window Features: Vinyl Frames, Wood Frames
  • Zoning: RS 8
  • Zoning Description: Residential
  • Sewer:
  • No. of Parking Spaces: 4

Rooms:

  • Living Main Level 3.35 m x 4.88 m
  • Dining Main Level 3.35 m x 2.44 m
  • Dining 3rd Level 3.05 m x 2.44 m
  • Other Other level :Lower 5.18 m x 3.66 m Note: Deck
  • Other Other level :Lower 5.18 m x 1.22 m Note: Separate Storage
  • Bathroom 2nd Level
  • Bathroom 3rd Level
  • Bedroom 3rd Level 3.05 m x 2.74 m
  • Family Room Other level :Lower 4.57 m x 3.35 m
  • Bathroom Other level :Lower

Courtesy of: RE/MAX Generation

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.