764 Jasmine Ave
Saanich, British Columbia V8Z2N9

5 beds · 2 baths · 2358 sqft

4 PLEX DEVELOPMENT SITE! BUILD UP TO AN 8000+SQFT 4 UNIT BUILDING! 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 (Currently rented for $1750 plus utilities) 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. Immediate possession available for main 3 bedroom unit! (id:39198)

Facts & Features

Building Type House

Year built 1951

Square Footage 2358 sqft

Stories

Bedrooms 5

Bathrooms 2

Parking 4

NeighbourhoodMarigold

Land size 8689 sqft

Heating type Forced air

Basement type

Parking Type Stall

Time on REALTOR.ca10 days

This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.

Brokerage Name: eXp Realty

Powered by: REALTOR.ca

Home price

$999,999

Start with 2% down and save toward 5% in 3 years*

* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.

$9,096 / month

Rent $8,044

Savings $1,052

Initial deposit 2%

Savings target Fixed at 5%

Start with 5% down and save toward 5% in 3 years.

$8,017 / month

Rent $7,798

Savings $219

Initial deposit 5%

Savings target Fixed at 5%

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