863 Parklands Dr.

$1,850,000

Single Family Residence located in Esquimalt - Es Gorge Vale, V9A 4L6

3686 sqft, 6 Beds, 4 Baths
MLS #1031878 Listed by Kyle KerrInitium Real Estate Ltd.
  • Listed On: April 13, 2026
  • Built in: 1955
  • Type: Residential
  • Interior Features: Ceiling Fan(s),
  • Cooling: HVAC,
  • Heating: Forced Air, Oil,
  • Fireplaces: 1
  • Flooring: Array
  • Basement: Crawl Space,
  • Foundation Details: Concrete Perimeter,
  • Lot Size: 0.42 acres
  • Total Parking: 6
  • Parking Features: Driveway, Garage, Garage Double, Open, RV Access/Parking,
  • Features: Curb & Gutter, Private,

Description

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. 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. 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 .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.

Location

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