Esquimalt · Commercial Sale · MLS® 1044857

863 Parklands Dr, Esquimalt

$1,850,000
3Days on Market

About this property

Prime 0.42-acre development opportunity w/ approved permits to build a duplex at the rear and convert the existing home into another duplex—creating 4 homes. Developers can hold & rent the house while finalizing construction plans, maximizing ROI from day one. Alternatively, this is an ideal multi-generational property—offering the space & flexibility for families or groups to create customized living arrangements on one property Nestled behind mature trees & set back from the road, this rare gem hits the market for the first time in nearly 30 years.The existing home feat: original hardwood floors & charming mid-century details. .South-facing rear yard captures abundant natural light. Located in the heart of Esquimalt with quick access to popular parks, local amenities, shopping, & dining. Enjoy convenient commutes to Downtown Victoria, Saanich, & the West Shore. Don't miss this versatile opportunity, whether you're building your investment portfolio or your family's future.

Features & details

DDF Property Type Vacant Land
View Ocean view
Land Size 18,480 sq ft
Feature Central location
Feature Other
Property Type Unimproved Land
Water Source Municipal
Sewer Sewer Connected
Zoning Residential Multi-Family

Location

Brokerage Listed by Initium Real Estate Ltd.. Information is deemed reliable but not guaranteed.