This ideally located 3-acre property offers prime development potential, perfectly timed to capitalize on the shift toward higher-density housing. As of the May 2026 R-1A zoning bylaw amendments, this acreage now supports 4 residential units with substantial upside to be rezoned. The current OCP supports Small-Scale Multi-Unit Housing allowing investors to initiate a rezoning process to potentially subdivide the parcel into multiple lots or construct multi-family housing on site. All prospective buyers are highly encouraged to seek independent professional advice regarding the specifics on current zoning & the rezoning process. To generate steady rental income while securing plans & permits, this property features a 1616sqft home with 4beds a den & 2baths. Theres also a detached 27x31' garage/workshop with high ceilings suitable for vehicle lifts, plus an established vegetable garden, fruit trees & a greenhouse for a self-sustaining lifestyle. Additional information & mapping Available
Electricity To Lot, Natural Gas To Lot, Phone Available, Recycling
Additional, Driveway, Garage Double, Guest, RV Access/Parking
Ceiling Fan(s), Dining/Living Combo, Eating Area, Storage, Workshop
Dishwasher, Dryer, Oven/Range Electric, Refrigerator
Fencing: Partial, Garden, See Remarks
Aluminum Frames, Vinyl Frames, Window Coverings
Block, Insulation: Ceiling, Insulation: Walls, Stucco, Vinyl Siding, Wood
NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. The website must only be used by consumers for the purpose of locating and purchasing real estate.