4567 West Saanich Road, Royal Oak Saanich
Price
$1,200,000
Bedrooms3 Beds
Bathrooms2 Baths
Size1300 sqft
Year Built1930
Property TypeDetached Home
Property Taxes$3,962
Description
Prime Corner Lot with Development Potential – 4567 West Saanich Rd, Saanich, BC This 9,913 sq.ft. corner lot offers exceptional development potential in a Primary Growth Area of Saanich. Currently zoned A-1 (Rural), the property is well-positioned for rezoning to RA-1A (Low-Rise Apartment), allowing for multi-family housing or mixed-use development. Located near Royal Oak, Uptown, and major transit routes, the site is surrounded by established residential, commercial, and retail amenities. The neighbourhood is evolving rapidly, with increasing demand for housing, making this a prime location for future development. With high visibility, excellent access, and rezoning potential without the need for land assembly, developers can move quickly with reduced costs. The updated Official Community Plan (OCP) supports increased density, making 4567 West Saanich Rd an ideal location for new housing or mixed-use projects in Saanich’s thriving urban core. Small-Scale Multi-Unit Housing SSMUH (id:39198)
Listed By
The listing brokerage and/or agent is eXp Realty
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
$4,641 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$960,000
Total Interest Payments
$591,899
Total Payment (Principal + Interest)
$1,551,899
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
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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.