Amazing small scale residential infill development opportunity in Oak Bay! This flat, sunny, R-5 zoned CORNER lot is ~50'x~120' with the longer side facing Kings Rd. The site lends itself to a 4 unit townhome development, or perhaps get creative and take advantage of the pending zoning amendments to accessory dwelling unit height limits? Permitted 0.8 FAR plus garage bonus. Buyers to conduct all of their own due diligence and satisfy themselves as to development options.
Address
2707 Foul Bay Rd
List Price
$949,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Area
Oak Bay
Sub-Area
OB Henderson
Floor Area
1,015 Sq. Ft.
Lot Size
6000 Sq. Ft.
Lot Size (Acres)
0.14 Ac.
Year Built
1945
MLS® Number
988373
Listing Brokerage
Alexandrite Real Estate Ltd.
Basement Area
Not Full Height, Partially Finished, Walk-Out Access, With Windows
Postal Code
V8R 5B6
Tax Amount
$4,694.67
Tax Year
2024
Features
Forced Air, Heat Pump