One of the Cheapest Freehold homes in Brentwood Bay and Significant Development Potential. Nice and level 100'X120' Lot near the end of a quite cul-de-sac. Central Saanich has designated the street in the new OCP as Multi-Unit Residential with an indication that they desire apartments/Condos or higher density townhouses. A proposal has been made recently by Central Saanich for the full street to be potentially Apartment Zoned. The current owner proposed 8 Townhomes in 2021 but Council wasn't certain if they wanted that or higher density as the OCP was in review at that time. Plans for 8 townhome units are available with the purchase as is Survey, Engineering report, Arborists Report and more. Currently the property is tenanted. This property is ideally to be sold as a share sale of the company (BC1111042) that holds this asset. This is the sole asset of the company with no liabilities. This is a great developer project or hold for larger land acquisition.
Address
1193 Dignan Rd
List Price
$995,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Style of Home
Cottage/Cabin
Transaction Type
Sale
Area
Central Saanich
Sub-Area
CS Brentwood Bay
Bedrooms
2
Bathrooms
1
Floor Area
1,022 Sq. Ft.
Lot Size
12060 Sq. Ft.
Lot Size (Acres)
0.28 Ac.
Year Built
1950
MLS® Number
1020091
Listing Brokerage
Macdonald Realty Victoria
Basement Area
Crawl Space
Postal Code
V8M 1H4
Tax Amount
$4,974.30
Tax Year
2025
Features
Baseboard, Dishwasher, Electric, Forced Air, Laminate, Oil, Wood, Workshop
Amenities
Balcony/Patio, Cul-De-Sac, Fencing: Partial, Level, Rectangular Lot, Storage Shed