1512 Adelaide St, Crofton | $879,000

Development opportunity! Located in Crofton on a 1.9 acre parcel with ocean views and 2 different access points at each end of the property. The 2475 sq.ft home with its 6 bed, 3 bath floor plan just needs a little finishing to make it your own with 2 separate meters & plumbing for a second kitchen in the basement giving it easy suite potential. Currently zoned R-1 Rural Residential, this parcel has an abundance of potential for future highest and best use. With lots of planned growth in the Cowichan Valley and in this area, this is a property not to overlook. The current zoning would allow for 0.41 acre minimum lot sizes and there are other options to re-zone and or maybe stratify this property for a variety of configurations - buyer to do their own research and due diligence in all respects for subdividing/developing. Whether this is a group venture or a purchase with family/friends, the options here are endless. Information packages available regarding density, zoning & more.

Description

Development opportunity! Located in Crofton on a 1.9 acre parcel with ocean views and 2 different access points at each end of the property. The 2475 sq.ft home with its 6 bed, 3 bath floor plan just needs a little finishing to make it your own with 2 separate meters & plumbing for a second kitchen in the basement giving it easy suite potential. Currently zoned R-1 Rural Residential, this parcel has an abundance of potential for future highest and best use. With lots of planned growth in the Cowichan Valley and in this area, this is a property not to overlook. The current zoning would allow for 0.41 acre minimum lot sizes and there are other options to re-zone and or maybe stratify this property for a variety of configurations - buyer to do their own research and due diligence in all respects for subdividing/developing. Whether this is a group venture or a purchase with family/friends, the options here are endless. Information packages available regarding density, zoning & more.

General Info


MLS Listing ID: 975529 Bedrooms: 3 Bathrooms: 3 Year Built: 1973
Parking: N/A Heating: Forced air, Heat Pump Lotsize: 1.9 ac Air Conditioning : Wall unit

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .