Coldwell Banker Oceanside Real Estate
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1014467
- Year Built:
- 1957
- Photos (46)
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COBBLE HILL DEVELOPMENT PROPERTY. Fully serviced, level & cleared 0.7 ac. corner lot w/ multiple access points. Flexible paths forward for immediate or phased development. Property features an updated 2B/1B dwelling to support conventional mortgage financing (vs. bare land) & increase post subdivision lot value. Home can serve as a primary or secondary home if future owners wish to build (prev. rented for $2,200/mo). Preliminary approval secured for a 3-lot subdivision per current R3 zoning (900 m² lots) with no park dedication required. Property is designated “Compact Suburban” in the CVRD’s newly adopted OCP, w/ rezoning expected in 2025/26. CS zoning will support higher density - up to 8 lots (333 m²) - including duplexes & multi-unit. Buyers may continue with the current application (and explore a second/future subdivision), or hold/redesign plans in alignment with the OCP. Several unique outbuildings including detached A-frame/office & studio can remain or be removed if preferred.
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building, Land
- Year built:
- 1957 (Age: 68)
- Lease Type:
- Sale Price
- Listing General Location:
- ML Cobble Hill, Malahat & Area
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 0.7 acre(s)
- Construction:
- Cement Fibre, Frame Metal, Vinyl Siding
- Foundation:
- Pillar/Post/Pier, Slab
- Floor finish:
- Laminate, Tile, Vinyl
- Total Building Area:
- 918 sq. ft.
- Subdivisable Area:
- Yes
- Water supply:
- Municipal
- Sewer:
- Septic System, Sewer Available
- Cooling:
- None
- Heating:
- Baseboard
- Fireplace:
- No
- Electric, Gas
- Access the main driveway from Fairfield, not Fisher Road.
- Main Level
- 0
- Yes
- No
- Unrestricted
- Jurisdiction name:
- Duncan Rural (765)
- Zoning:
- R3
- Utilities:
- Compost, Garbage, Natural Gas Available, Recycling
- Lot Site Features:
- Corner Lot
- Parking Features:
- On Site
- Total Parking Spaces:
- 3
- Road Surface Type:
- Paved
- Date Listed:
- Sep 18, 2025
- Original Price:
- 1150000.0
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Listed by Coldwell Banker Oceanside Real Estate
Data was last updated December 23, 2025 at 02:05 PM (UTC)
Area Statistics
- Listings on market:
- 11
- Avg list price:
- $1,200,000
- Min list price:
- $219,900
- Max list price:
- $5,290,000
- Avg days on market:
- 112
- Min days on market:
- 61
- Max days on market:
- 358
These statistics are generated based on the current listing's property type
and located in
Malahat & Area. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- ANAIS O'NEILL-BIDAUD
- COLDWELL BANKER OCEANSIDE
- 1 (250) 8589555
- Contact by Email
Coldwell Banker Oceanside Real Estate
Location
(250) 383-1500
Victoria, BC, V8Z 3K6