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5 Bed Single Family Detached in Saanich West

$1,099,900

764 Jasmine Ave
MLS® NO: 992497

Description

4 Townhome DEVELOPMENT SITE! BUILD UP TO AN 8000+SQFT! Prime Investment Opportunity in West Saanich’s Marigold Area: This 8,600+ sq. ft. lot offers exceptional potential for development into a 4-unit building, with an estimated construction cost of $250-$300 per sq. ft.. The property currently features a charming 5-bedroom home with 1,200 sq. ft. of living space on the main level, including a wood-burning fireplace, separate dining and family rooms, and a kitchen upgraded with granite countertops. The main level opens to a large covered deck overlooking a private backyard, while the upper level boasts a bonus room with a spacious walk-out deck offering neighbourhood views. The lower level includes a 2-bedroom suite with its own kitchen, living room, and dining area, plus ample storage and shared laundry facilities. The expansive backyard features sheds and ample space for gardening or other uses, with generous parking on a 66 ft. wide lot. Located on a private cul-de-sac in a quiet, sought-after neighbourhood close to schools and amenities, this property presents a valuable opportunity for investors or long-term home buyers.

General

Property Type:Single Family Detached
Title of Ownership:LOT 8, BLOCK 8, PLAN VIP1171, SECTION 78, VICTORIA LAND DISTRICT
Layout:Main Level Entry with Lower/Upper Lvl(s)
Taxes:$4,530
Tax Year:2024
Finished Sq. Ft.:2,358
Year Built:1951

Building Details

Foundation: Poured Concrete
Roof: Tar/Gravel
Heat/Air: Forced Air, Natural Gas

Site Influences

Lot SqFt: 8,689
Acres: 0.20
Lot Shape: 66 ft wide
Water: Municipal
Waste: Sewer Connected
Parking: Driveway
Lot Features: Cul-de-sac, Curb & Gutter, Private

Room Dimensions

Level 1 - 1,270 sqft

Living Room:16'x15'
Kitchen:12'x13'
Dining Room:15x9
Family Room:10x11
Bedroom:13x12
Bedroom:12x9
Bedroom:11x8
Bathroom:4-Piece piece

Level 2 - 156 sqft

Media Room:12x13

Level 3 - 870 sqft

Living-Additional:9x12
Dining-Additional:8x14
Kitchen-Additional:8x108
Bedroom:10x9
Media Room:16x10
Bathroom:3-Piece piece

Level 4 - 0 sqft

Other - 0 sqft

Property Details

Beds: 5
Baths: 2
Sq. Feet: 2,358
Year Built: 1951
Property Type: Single Family Detached
Municipality: Saanich West

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Listed with:

Govind Khatkar - eXp Realty
Phone: 778-732-4222

Randy Loo - eXp Realty

Amit Khatkar - eXp Realty
Phone: 250-507-8949

NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.