Active
977/989 Foul Bay Rd
Oak Bay BC, V8S 4H9
$1,900,000
$522.41 per sqft
Active
4 Beds
2 Baths
3,637 sqft
Multi-family
Built in 1954
DEVELOPER ALERT! Nestled in the heart of a highly sought-after area of Oak Bay, this sprawling 11,500 sq/ft. lot offers endless potential for visionary developers and investors alike. Positioned on a quiet, tree-lined street yet just minutes away from the city's best shopping, dining, and schools, this property is unmatched for its convenience and desirability. The existing structure, though aged, can serve as a holding property with rental income potential, or a clean slate for your dream development. Currently 2 x 2 bed/1 bath units. With generous zoning allowances and ample space for customization, this lot is perfect for creating a bespoke luxury residence or a multi-unit development under the new Bill 44 requirements. Don't miss the chance to capitalize on a rare opportunity to purchase a full duplex with development opportunities in an area well known for ongoing appreciation. Location, size, and future potential make this a standout property destined for transformation.
976959
MLSⓇ ID
September 24, 2024
Listed
December 22, 2024
Updated
Map
977/989 Foul Bay Rd
Oak Bay BC, V8S 4H9
Interior Features
Bedrooms
4
Total Bathrooms
2
Laundry Description
In Unit
Floor Description
Hardwood, Tile
Fireplace
Yes
Fireplace Description
Other
Cooling
Yes
Cooling Description
Air Conditioning
Heating
Yes
Heating Description
Heat Pump, Natural Gas
Exterior/Building Features
Lot Size
0.26 Acres
Lot Features
Corner Lot, Near Golf Course, Recreation Nearby, Shopping Nearby, Sidewalk, Southern Exposure
Roof
Asphalt Shingle
Sewer
Sewer Connected
Other Property Details
Area Name
Oak Bay
Taxes
$7,189
Tax Frequency
Annually
Days on Market
89
Garage
Yes
Garage Spaces
1
Parking
Driveway, Garage
Parking Total
4
View
No
County
Capital Regional District
Water Source
Municipal
Pool
No
Courtesy of eXp Realty, Holly Courtright
Listing Contact: 250-888-6953
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