Prime 0.42-acre development opportunity w/ approved permits to build a duplex at the rear and convert the existing home into another duplex—creating 4 homes. Developers can hold & rent the house while finalizing construction plans, maximizing ROI from day one. Alternatively, this is an ideal multi-generational property—offering the space & flexibility for families or groups to create customized living arrangements on one property Nestled behind mature trees & set back from the road, this rare gem hits the market for the first time in nearly 30 years.The existing home feat: original hardwood floors & charming mid-century details. .South-facing rear yard captures abundant natural light. Located in the heart of Esquimalt with quick access to popular parks, local amenities, shopping, & dining. Enjoy convenient commutes to Downtown Victoria, Saanich, & the West Shore. Don't miss this versatile opportunity, whether you're building your investment portfolio or your family's future.
Address
863 Parklands Dr
List Price
$1,850,000
Property Type
Commercial Sale
Type of Dwelling
Unimproved Land
Transaction Type
Sale
Area
Esquimalt
Sub-Area
Es Gorge Vale
Lot Size
18480 Sq. Ft.
Lot Size (Acres)
0.42 Ac.
MLS® Number
1044857
Listing Brokerage
Initium Real Estate Ltd.
Postal Code
V9A 4L6
Tax Amount
$9,700.85
Tax Year
2026
Amenities
Central Location, Easy Access, Landscaped, Near Golf Course, Serviced