Area: British Columbia
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Prime 0.42-acre development opportunity w/ approved permits to build a duplex at the rear and convert the existing home into another duplex—creating 4 homes. Nestled behind mature trees & set back from the road, this rare gem hits the market for the first time in nearly 30 years.The existing home feat: original hardwood floors & charming mid-century details. Developers can hold & rent the house while finalizing construction plans, maximizing ROI from day one. Alternatively, this is an ideal multi-generational property—offering the space & flexibility for families or groups to create customized living arrangements on one property .South-facing rear yard captures abundant natural light. Located in the heart of Esquimalt with quick access to popular parks, local amenities, shopping, & dining. Enjoy convenient commutes to Downtown Victoria, Saanich, & the West Shore. Don't miss this versatile opportunity, whether you're building your investment portfolio or your family's future. (id:44056)

Property Details

Full Address:
863 Parklands Dr, Esquimalt, British Columbia
Price:
$ 1,850,000
MLS Number:
1031878
List Date:
April 13th, 2026
Neighbourhood:
Gorge Vale
Lot Size:
18480 sq.ft.
Year Built:
1955
Taxes:
$ 8,941

Interior Features

Bedrooms:
6
Bathrooms:
4
Air Conditioning:
Fully air conditioned
Heating:
Forced air, Oil
Fireplaces:
1

Building Features

Zoning:
Residential
Garage Spaces:
6
Ownership Type:
Freehold
Legal Description:
4
Taxes:
$ 8,941

Floors

Finished Area:
3686 sq.ft.

Land

View:
Ocean view
Lot Size:
18480 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Kyle Kerr Initium Real Estate Ltd.
 250-818-5595
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Listing Agent(s)

Listing: Kyle Kerr
Initium Real Estate Ltd.

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