521 Normandy Rd | $1,585,000
Paul Vandermade Agent Photo
Paul
Vandermade*
P. (250) 388-5882
 Phone Paul
MACDONALD REALTY VICTORIA
755 Humboldt St
 Victoria, BC
 Canada V8W 1B1

Details

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Address 521 Normandy Rd
AreaSaanich West
Sub AreaRoyal Oak
State/ProvinceBritish Columbia
CountryCanada
Price$1,585,000
Property TypeSingle Family
Bedrooms4
Bathrooms3
Floor Space2119 Square Feet
Lot Size7375.00 Square Feet
WaterfrontNo
Year Built1946
Taxes $4,091
Tax Year2023
MLS® #968580

LAND ASSEMBLY ADJACENT TO THE BC TRANSIT - ROYAL OAK BUS EXCHANGE. 4580 ELK LAKE DRIVE + 521 NORMANDY ROAD = 16,682 SQ FT / 0.383 ACRES. THE SITE BORDERS ROAYL OAK DR / ELK LAKE DRIVE / NORMANDY RD. IT IS JUST STEPS AWAY FROM THE BUS EXCHANGE + COMMONWEALTH PLACE AND THE BROADMEAD VILLAGE SHOPPING PLAZA ARE CLOSE BY. THIS SITE IS BEING SOLD FOR DEVELOPMENT POTENTIAL DUE TO BILL 47 SUGGESTING 3.5 (FAR) MID RISE BLD UP TO 10 STOREYS. THERE IS THE ADDED BENEFIT OF COLLECTING RENTAL REVENUE IN THE INTERIM DURING THE REDEVELOPMENT STAGES. AN EXCELLENT LOCATION FOR THE CREATION OF MUCH NEEDED AFFORDABLE HOUSING IN VICTORIA. COMBINED PRICE OF: $3.6M

Listed by RE/MAX GENERATION

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Data Source: Statistics Canada
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