Central Saanich · Commercial Sale · MLS® 1044984

1193 Dignan Rd, Central Saanich

$995,000
3Days on Market

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. Central Saanich has re-zoned 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 Vacant Land
Land Size 12,060 sq ft
Feature Cul-de-sac
Feature Level lot
Feature Other
Property Type Unimproved Land
Heating Baseboard,Electric,Forced Air,Oil
Water Source Municipal
Sewer Sewer Connected
Foundation Poured Concrete

Location

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