COBBLE HILL DEVELOPMENT PROPERTY. Fully serviced, level & cleared 0.7 ac. corner lot w/ multiple access points. Flexible paths forward for immediate or phased development. Property features an updated 2B/1B dwelling to support conventional mortgage financing (vs. bare land) & increase post subdivision lot value. Home can serve as a primary or secondary home if future owners wish to build (prev. rented for $2,200/mo). Preliminary approval secured for a 3-lot subdivision per current R3 zoning (900 m² lots) with no park dedication required. Property is designated “Compact Suburban” in the CVRD’s newly adopted OCP, w/ rezoning expected in 2025/26. CS zoning will support higher density - up to 8 lots (333 m²) - including duplexes & multi-unit. Buyers may continue with the current application (and explore a second/future subdivision), or hold/redesign plans in alignment with the OCP. Several unique outbuildings including detached A-frame/office & studio can remain or be removed if preferred. (id:44393)
| MLS® Number | 1014467 |
| Property Type | Multi-family |
| Neigbourhood | Cobble Hill |
| Features | Corner Site |
| Parking Space Total | 3 |
| Plan | Vip19424 |
| Constructed Date | 1957 |
| Cooling Type | None |
| Heating Type | Baseboard Heaters |
| Size Exterior | 918 Sqft |
| Type | Multi-family |
| Access Type | Road Access |
| Acreage | No |
| Size Irregular | 0.7 |
| Size Total | 0.7 Ac |
| Size Total Text | 0.7 Ac |
| Zoning Description | R3 |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/28885574/1405-fisher-rd-cobble-hill-cobble-hill
Contact us for more information
Cassandra Cherneff
(250) 383-1500
(250) 383-1533