5070 Catalina Terrace Unit LOT B, Cordova Bay Saanich
Price
$999,999
BedroomsNot listed
BathroomsNot listed
SizeNot listed
Year BuiltNot listed
Property TypeDetached Home
Property TaxesNot listed
Unit NumberLOT B
Description
Discover a rare opportunity to build your custom home in Cordova Bay, one of Vancouver Island’s most desirable neighborhoods. Nestled at the end of a quiet cul-de-sac and surrounded by mature trees are two exceptional building lots—each over 10,000 sq ft—that offer privacy, prestige, and ocean views. Zoned RS-12, the properties provide ample space to design and construct a luxurious home tailored to your vision. A Development Variance Permit has been approved, allowing for two separate single-family dwellings with street-level entries and walk-out lower floors. Preliminary building plans are available to streamline your path to development. Prospective buyers are encouraged to verify entitlements with the District of Saanich. Bonus: Potential for small-scale multi-unit housing under new Saanich bylaw (buyer to verify). Don’t miss this exclusive opportunity to secure a foothold in Cordova Bay. Contact us today to learn more and begin envisioning your coastal luxury lifestyle. (id:39198)
Listed By
The listing brokerage and/or agent is Pemberton Holmes Ltd.
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
$3,593 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$800,000
Total Interest Payments
$493,249
Total Payment (Principal + Interest)
$1,293,248
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
Related Properties
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.