Homes for sale - 977/989 Foul Bay Rd, Oak Bay, BC V8S 4H9

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Catherine Potin

catherine.potin@engelvoelkers.com +1(250) 893-3308

$ 1,900,000

Est. payment -/mo

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977/989 Foul Bay Rd Oak Bay, BC V8S 4H9

4 Beds

2 Baths

3,637 SqFt

UPDATED:

12/22/2024 06:33 PM

Key Details

Property Type Multi-Family

Sub Type Full Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,637 sqft

Price per Sqft $522

MLS Listing ID 976959

Style Duplex Side/Side

Bedrooms 4

Rental Info Unrestricted

Year Built 1954

Annual Tax Amount $7,189

Tax Year 2024

Lot Size 0.260 Acres

Acres 0.26

Property Description

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.

Location

Province BC

County Capital Regional District

Area Oak Bay

Rooms

Basement Unfinished

Main Level Bedrooms 4

Kitchen 2

Interior

Heating Heat Pump, Natural Gas

Cooling Air Conditioning

Flooring Hardwood, Tile

Fireplaces Number 3

Fireplaces Type Other

Fireplace Yes

Heat Source Heat Pump, Natural Gas

Laundry In Unit

Exterior

Parking Features Driveway, Garage

Garage Spaces 1.0

Roof Type Asphalt Shingle

Total Parking Spaces 4

Building

Lot Description Corner, Near Golf Course, Recreation Nearby, Shopping Nearby, Sidewalk, Southern Exposure

Faces South

Foundation Poured Concrete

Sewer Sewer Connected

Water Municipal

Structure Type Frame Wood,Insulation: Ceiling,Insulation: Partial,Stucco & Siding

Others

Pets Allowed Yes

Restrictions ALR: No

Tax ID 009-154-469

Ownership Freehold

Pets Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs

Listed by eXp Realty

Catherine Potin

Advisor

+1(250) 893-3308

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