Details
Address | 521 Normandy Rd |
Area | Saanich West |
Sub Area | Royal Oak |
State/Province | British Columbia |
Country | Canada |
Price | $1,585,000 |
Property Type | Single Family |
Bedrooms | 4 |
Bathrooms | 3 |
Floor Space | 2119 Square Feet |
Lot Size | 7375.00 Square Feet |
Waterfront | No |
Year Built | 1946 |
Taxes | $4,091 |
Tax Year | 2023 |
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
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