4 Townhome DEVELOPMENT SITE! BUILD UP TO AN 8000+SQFT! Prime Investment Opportunity in West Saanich’s Marigold Area: This 8,600+ sq. ft. lot offers exceptional potential for development into a 4-unit building, with an estimated construction cost of $250-$300 per sq. ft.. The property currently features a charming 5-bedroom home with 1,200 sq. ft. of living space on the main level, including a wood-burning fireplace, separate dining and family rooms, and a kitchen upgraded with granite countertops. The main level opens to a large covered deck overlooking a private backyard, while the upper level boasts a bonus room with a spacious walk-out deck offering neighbourhood views. The lower level includes a 2-bedroom suite (Currently rented for $1750 plus utilities) with its own kitchen, living room, and dining area, plus ample storage and shared laundry facilities. The expansive backyard features sheds and ample space for gardening or other uses, with generous parking on a 66 ft. wide lot. Located on a private cul-de-sac in a quiet, sought-after neighbourhood close to schools and amenities, this property presents a valuable opportunity for investors or long-term home buyers. Immediate possession available for main 3 bedroom unit.
Address
764 Jasmine Ave
List Price
$999,999
Property Type
Residential
Type of Dwelling
Single Family Residence
Area
Saanich West
Sub-Area
SW Marigold
Bedrooms
5
Bathrooms
2
Floor Area
2,358 Sq. Ft.
Lot Size
8689 Sq. Ft.
Lot Size (Acres)
0.2 Ac.
Year Built
1951
MLS® Number
973073
Listing Brokerage
eXp Realty
Basement Area
Finished, Walk-Out Access
Postal Code
V8Z 2N9
Tax Amount
$4,168.00
Tax Year
2023
Features
Eating Area, Forced Air, Laminate, Natural Gas, Refrigerator, Tile, Wood
Amenities
Balcony/Patio, Cul-De-Sac, Curb & Gutter, Fencing: Partial, Garden, Private
