Single Family Residence located in Saanich East - SE Cadboro Bay, V8N 1G3
987 sqft, 2 Beds, 1 Baths
Listed by Stephen PostingsPemberton Holmes Ltd - Sidney - Listed On: June 17, 2026
- Built in: 1949
- Type: Residential
- Style: Cottage/Cabin,
- Exterior Features: Balcony/Patio, Fencing: Partial, Garden,
- Cooling: None,
- Heating: Baseboard, Electric, Propane,
- Fireplaces: 1
- Flooring: Array
- Appliances: Dryer, Oven/Range Electric, Refrigerator, Washer,
- Basement: Crawl Space,
- Foundation Details: Concrete Perimeter,
- Lot Size: 0.19 acres
- Total Parking: 3
- Parking Features: Attached, Carport, Driveway,
- Features: Central Location, Easy Access, Landscaped, Level, Marina Nearby, Private, Quiet Area, Recreation Nearby, Serviced, Shopping Nearby, Southern Exposure,
- View: Array
- Zoning: RS-10
Description
Front row @ Cadboro-Gyro Park & steps to the Village, this rare LAND ASSEMBLY/DEVELOPMENT OPPORTUNITY boasts noteworthy latent value. 1940's cottage on level 8,425 sq/ft lot to be sold in conjunction w/ MLS #1040736 (2604 Penrhyn Street). Adjoining properties have been in the same family for over 75+ yrs. Offering an aggregate 20,837 sq/ft (.478 acres) this potential site boasts unparalleled OCEAN & PARK views, walkability & long-term growth opportunity w/ immediate proximity to the area's finest beaches, boutique shops, pub, grocery, UVIC & Village amenities. Sought after residential neighborhood w/ an established mix of SFD's, townhomes & condos. Immediate proximity to recently completed high-end strata developments & more currently underway w/ sales commanding top tier sq/ft value. Expanding range of housing options in the Village Neighborhood have increased housing diversity & supply, while retaining street & block character. Opportunity knocks to provide needed housing options.