+41 more
2
Bedrooms
1
Bathrooms
918 sqft
Living Area
0.7 ac
Lot
1957
Year Built
About This Property
This 2-bedroom, 1-bathroom multi-family in Cobble Hill offers 918 sqft of living area on a 0.7 ac lot. Built in 1957. The property has lot dimensions of 0.7, zoned Unknown. The home features baseboard heaters heating. Highlights include a 3-car garage.
MLS Remarks
COBBLE HILL DEVELOPMENT PROPERTY. Fully serviced, level & cleared 0.7 ac. corner lot w/ multiple access points. Flexible paths forward for immediate or phased development. Property features an updated 2B/1B dwelling to support conventional mortgage financing (vs. bare land) & increase post subdivision lot value. Home can serve as a primary or secondary home if future owners wish to build (prev. rented for $2,200/mo). Preliminary approval secured for a 3-lot subdivision per current R3 zoning (900 m² lots) with no park dedication required. Property is designated “Compact Suburban” in the CVRD’s newly adopted OCP, w/ rezoning expected in 2025/26. CS zoning will support higher density - up to 8 lots (333 m²) - including duplexes & multi-unit. Buyers may continue with the current application (and explore a second/future subdivision), or hold/redesign plans in alignment with the OCP. Several unique outbuildings including detached A-frame/office & studio can remain or be removed if preferred. (id:60351)
Overview
Property Typeresidential
Sub-Type
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