3 Bed Single Family Detached in Saanich East

$1,159,000

1920 Waterloo Rd
MLS® NO: 987532

Description

Exciting Opportunity for Future Townhome Development in Mt. Tolmie Discover the incredible potential of this expansive 13,542 sq.ft. lot in the highly sought-after Mt. Tolmie neighborhood. With newly approved bylaws allowing for four townhomes, this prime property presents a rare chance to create a thoughtfully designed multi-unit development in one of Saanich’s most desirable areas. Currently home to a charming mid-century bungalow, the property boasts large south-facing windows, filling the space with natural light. The existing residence offers three bedrooms (one without a closet), a full garage, and a lower level primed for creative multi-generational living or flexible use. Future townhome residents will enjoy unbeatable proximity to top-tier schools, including St. Michael’s University School, Camosun College, and the University of Victoria, as well as easy access to shopping, parks, and transit. The Municipality of Saanich also provides potential for a garden suite, further enhancing the site’s development versatility. A prime opportunity for developers or investors looking to capitalize on the evolving housing landscape in Saanich. Don’t miss your chance to transform this generous lot into a stunning modern townhome community.

General

Property Type:Single Family Detached
Title of Ownership:LOT 1, PLAN VIP4430, SECTION 35, VICTORIA LAND DISTRICT, THAT PT LYING TO THE E OF BOUNDARY PARALLEL TO THE EASTERLY BOUNDARY OF SAID LOT & EXTENDING FROM A POINT ON THE SOUTHERLY BOUNDARY OF SAID LOT DISTANT 60 FT FROM THE SE CORNER OF SAID LOT
Layout:Main Level Entry with Lower Level(s)
Taxes:$5,335
Tax Year:2024
Finished Sq. Ft.:1,136
Unfinished Sq. Ft.:1,060
Year Built:1953

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Interior Details

Bedroom(s): 3
Bathroom(s): 1
Basement Type: Unfinished, Walk-Out Access
Basement Description: 1
Interior Features: Storage, Workshop
Appliances Included: F/S/W/D

Building Details

Foundation: Poured Concrete
Roof: Fibreglass Shingle
Heat/Air: Oil

Site Influences

Lot SqFt: 13,542
Acres: 0.31
Water: Municipal
Waste: Sewer Connected
Parking: Attached, Driveway, Garage
Lot Features: Central Location, Park Setting, Quiet Area, Shopping Nearby

Strata Lot Information

Rental Restrictions: Unrestricted

Room Dimensions

Main Level

Bathroom3-Piece
Bedroom8x10
Bedroom10x11
Bedroom - Primary10x14
Dining Room9x13
Entrance6x12
Kitchen7x13
Living Room14x18

Unfinished

Basement27x25
Garage12x25
Laundry13x5

Property Details

Beds: 3
Baths: 1
Sq. Feet: 1,136
Year Built: 1953
Property Type: Single Family Detached
Municipality: Saanich East

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Listed with:

Brad HallRE/MAX Camosun
Phone: 778-977-2320
Fax: 250-744-3904

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.