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$995,000

1405 Fisher Rd
MLS® NO: 1014467

Description

COBBLE HILL DEVELOPMENT PROPERTY. Fully serviced, level & cleared 0.7 ac. corner lot w/ multiple access points. Flexible paths forward for immediate or phased development. Property features an updated 2B/1B dwelling to support conventional mortgage financing (vs. bare land) & increase post subdivision lot value. Home can serve as a primary or secondary home if future owners wish to build (prev. rented for $2,200/mo). Preliminary approval secured for a 3-lot subdivision per current R3 zoning (900 m² lots) with no park dedication required. Property is designated “Compact Suburban” in the CVRD’s newly adopted OCP, w/ rezoning expected in 2025/26. CS zoning will support higher density - up to 8 lots (333 m²) - including duplexes & multi-unit. Buyers may continue with the current application (and explore a second/future subdivision), or hold/redesign plans in alignment with the OCP. Several unique outbuildings including detached A-frame/office & studio can remain or be removed if preferred.

General

Total SqFt: 918
Taxes: $2,931
Year Built: 1957

Lot Information

SqFt: 30494
Acres: 0.70
Lot Features: Corner
Water: Municipal
Waste: Septic System, Sewer Available
Parking: 3

Property Details

Building Type:
Municipality: Malahat & Area
Sq. Feet: 30,494

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Listed with:

Cassandra Cherneff - Coldwell Banker Oceanside Real Estate

NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.