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Quick Summary
Quick Summary
- Subdivide-friendly 0.7-acre lot with current and future zoning
- Centrally located in Cobble Hill village with nearby amenities
- Excellent sun exposure and drainage on the build-friendly property
- Mature fruit trees and access on three sides of the property
- All utilities including water, sewer, power, and natural gas on-site
- Existing house allows for conventional mortgage financing
- Ideal for local builders, investors, or group/family purchase
- Flexible options to subdivide, resell, live in, or hold as rental
This 2B/1B home sits on 0.7 acres that can be subdivided into three (3) parcels under current zoning or seven (7) under the new Official Community Plan. Subdividing into 7 will involve (A) waiting for the OCP's adoption in 2024-25 or (B) rezoning, which is what a neighbour has done to subdivide at that density now (30 units per hectare).... Show More
This 2B/1B home sits on 0.7 acres that can be subdivided into three (3) parcels under current zoning or seven (7) under the new Official Community Plan. Subdividing into 7 will involve (A) waiting for the OCP's adoption in 2024-25 or (B) rezoning, which is what a neighbour has done to subdivide at that density now (30 units per hectare). Ideal for a local builder, investor, or a group/family purchase. The current house allows for conventional mortgage financing. It will remain on one subdivided parcel and can then be resold, lived in, or held as a rental property. Alternatively, the house could be subdivided onto a smaller parcel now, with the remaining land sold/held for future development, or vice versa. Centrally located in Cobble Hill village, with a local pub, parks, and trails only steps away, this build-friendly property has excellent sun exposure/drainage, mature fruit trees, & access on three sides — plus, all utilities on the road! (water, sewer, power, & natural gas). (id:54626)
Property Details
Size
Parking
Build
Heating & Cooling
Rooms
Kitchen
8′0″ x 8′0″
Bathroom
11′0″ x 5′0″
Living room
20′0″ x 17′0″
Bedroom
15′0″ x 13′0″
Bedroom
11′0″ x 11′0″
Ownership Details
Ownership
Book A Private Showing
For Sale Nearby
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