Small-to-medium scale development property in Cobble Hill village (fully serviced). Desirable location in the village center with preliminary approval for a 3-lot subdivision per current zoning (R3). Updated 2B/1B home to support financing and increase lot value post subdivision (can function as primary or secondary/rental – previously rented for $2,200/mo.). Additionally, parcel rezoning to “Compact Suburban” in CVRD’s new OCP, due for adoption this fall. CS zoning supports up to 8 lots (333m2 lots vs. 900m2), duplexes, or multi-unit dwellings. Ideal site conditions – level/cleared, excellent excavation/drainage & no known constraints. Optimal sun exposure with private south-facing yards, mature landscaping, and high-producing fruit trees (cherry x4, apple, plum x2, pear). Outbuildings include 2x utility/electrical sheds, a pine-finished A-frame/office w/ vaulted ceilings, and a detached studio (15x18) – outbuildings can be included or removed at Sellers expense.
Address
1405 Fisher Rd
List Price
$1,150,000
Property Type
Commercial Sale
Type of Dwelling
Multi Family
Transaction Type
Sale
Area
Malahat & Area
Sub-Area
ML Cobble Hill
Lot Size
30494 Ac.
Lot Size (Acres)
0.7 Ac.
Year Built
1957
MLS® Number
1014467
Listing Brokerage
Coldwell Banker Oceanside Real Estate
Postal Code
V8H 0H7
Tax Amount
$2,931.33
Tax Year
2025
Features
Baseboard, Laminate, Tile, Vinyl
Amenities
Corner Lot
Pemberton Holmes Real Estate