1405 Fisher Road, Cobble Hill Cobble Hill
Price
$1,150,000
BedroomsNot listed
BathroomsNot listed
Size918 sqft
Year Built1957
Property TypeCommercial
Property Taxes$2,931.33
Description
Small-to-medium scale development property in Cobble Hill village (fully serviced). Desirable location in the village center with preliminary approval for a 3-lot subdivision per current zoning (R3). Updated 2B/1B home to support financing and increase lot value post subdivision (can function as primary or secondary/rental – previously rented for $2,200/mo.). Additionally, parcel rezoning to “Compact Suburban” in CVRD’s new OCP, due for adoption this fall. CS zoning supports up to 8 lots (333m2 lots vs. 900m2), duplexes, or multi-unit dwellings. Ideal site conditions – level/cleared, excellent excavation/drainage & no known constraints. Optimal sun exposure with private south-facing yards, mature landscaping, and high-producing fruit trees (cherry x4, apple, plum x2, pear). Outbuildings include 2x utility/electrical sheds, a pine-finished A-frame/office w/ vaulted ceilings, and a detached studio (15x18) – outbuildings can be included or removed at Sellers expense. (id:39198)
Listed By
The listing brokerage and/or agent is Coldwell Banker Oceanside Real Estate
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
Property Dimensions
The Property Location
Mortgage Calculator
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Total Monthly Payment
$4,376 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$920,000
Total Interest Payments
$567,237
Total Payment (Principal + Interest)
$1,487,237
Cashflow Calculator
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Monthly Cash Flow
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Comber Friesen Group
Realtors
Meet Alex & Georgia
Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.
Locations We Serve
Cowichan Valley
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
Westshore
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
Victoria
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Oak Bay
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
Saanich
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.