Prime Investment Opportunity in West Saanich’s Marigold Area: This 8,600+ sq. ft. lot offers exceptional potential for development into a 4-unit building, with an estimated construction cost of $250-$300 per sq. ft. The property currently features a charming 5-bedroom home, including a wood-burning fireplace, separate dining and family rooms, and a kitchen upgraded with granite countertops. The main level opens to a large covered deck overlooking a private backyard, while the upper level boasts a bonus room with a spacious walk-out deck offering neighbourhood views. The lower level includes a 2-bedroom suite with its own kitchen, living room, and dining area, plus ample storage and shared laundry facilities. The expansive backyard features sheds and ample space for gardening or other uses, with generous parking on a 66 ft. wide lot. Located on a private cul-de-sac in a quiet, sought-after neighbourhood close to schools and amenities. Book your showing today
Property Type:
Residential
Type:
Single Family Residence
Year built:
1951
(Age: 73)
Living Area:
2,358 sq. ft.219.065 m2
Listing General Location:
SW Marigold, Saanich West
Bedrooms:
5
Bathrooms:
2.0
(Full:-/Half:-)
Lot Size:
8,689.06 sq. ft.807.24 m2
Lot Details:
66 ft wide
Kitchens:
2
Building Features:
Basement
Construction:
Stone, Stucco
Basement:
Finished, Walk-Out Access
Foundation:
Concrete Perimeter
Roof:
Tar/Gravel
Levels:
3
Floor finish:
Laminate, Tile, Wood
Total Building Area:
2,358 sq. ft.219.065 m2
Total Unfinished Area:
0 sq. ft.0 m2
# Bedrooms or Dens Total:
5
# Main Level Bedrooms:
3
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
2
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
1
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
1
# Other Level Kitchens:
0
Living Area Lower Floor:
870 sq. ft.80.826 m2
Living Area Main Floor:
1,270 sq. ft.117.987 m2
Living Area Other Floor:
0 sq. ft.0 m2
Living Area 2nd Floor:
156 sq. ft.14.493 m2
Living Area 3rd Floor:
0 sq. ft.0 m2
Fireplaces:
1
Fireplace Details:
Living Room, Wood Burning
Laundry Features:
Common Area, Other
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Forced Air, Natural Gas
Fireplace:
Yes
Warranty:
No
Refrigerator
Eating Area
Balcony/Patio, Fencing: Partial, Garden
Mountain(s)
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
District of Saanich (SD61)
Bed and Breakfast:
None
Number of 2 piece baths:
0
Number of 3 piece baths:
1
Number of 4 piece baths:
1
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Occupancy:
Partially Occupied
Property Condition:
Contact List Licensee
Exposure / Faces:
Northeast
Layout:
Main Level Entry with Lower/Upper Lvl(s)
Lot Site Features:
Cul-De-Sac, Curb & Gutter, Private
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Driveway
Total Parking Spaces:
4
Common Parking Spaces:
0
Date Listed:
Sep 04, 2024
Original Price:
1099900.0
Rendering House plex *not actual plans buyer to verify*
Data was last updated October 22, 2024 at 12:05 PM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$1,000,000
Min list price:
$709,900
Max list price:
$1,988,000
Avg days on market:
49
Min days on market:
4
Max days on market:
105
Avg price per sq.ft.:
$581.96
These statistics are generated based on the current listing's property type
and located in
SW Marigold. Average values are
derived using median calculations.