3861 Cadboro Bay Rd, Saanich, BC V8N 4G3
3861 Cadboro Bay Rd, Saanich, BC V8N 4G3
3861 Cadboro Bay Rd, Saanich, BC V8N 4G3
Listing by Laura Farquhar RE/MAX Camosun
Bought with Lewis Ratcliff Engel & Volkers Vancouver Island
$2,500,000
Est. payment /mo
$4,999,000
50.0%
Est.Price: ?

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9 Beds
5 Baths
4,085 SqFt
SOLD DATE : 06/01/2023

Key Details

Sold Price $2,500,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,085 sqft

Price per Sqft $611

MLS Listing ID 901677

Sold Date 06/01/23

Style Main Level Entry with Lower/Upper Lvl(s)

Bedrooms 9

Three Quarter Bath 1

HOA Y/N No

Year Built 1912

Annual Tax Amount $7,404

Tax Year 2021

Lot Size 0.600 Acres

Acres 0.6

Property Sub-Type Triplex

Property Description

OFFERING INCLUDES 3861A CADBORO BAY RD (please refer to MLS 901679) not to be sold separately.
Developers alert! An opportunity to acquire over 0.6 acre of prime real estate in the heart of Cadboro Bay Village, including private access onto Cadboro-Gyro Park, with storm & sewer in place both curb & park side. The property affronts 100ft of highly coveted Cadboro Bay Rd & sits within the Village centre as defined by the Municipal OCP.
3861 consists of a multi-plex character rental on a 12,655 lot with plenty of parking & many upgrades throughout the years. Incredible location, merely steps to the Village & the beach, with UVIC & excellent public schools only 5 min away. The property retains the best of its' 1912 charm & boasts lovely ocean views from the top floor suites & ample parking. With no shortage of tenants, the property is an excellent revenue generator. * PLEASE NOTE STATED LOT SIZE INCLUDES 3861A CADBORO BAY RD.

Location

Province BC

County Capital Regional District

Community Se Cadboro Bay

Area Saanich East

Zoning OTHER

Rooms

Kitchen 5

Interior

Interior Features Dining/Living Combo, Eating Area

Heating Baseboard, Electric

Cooling None

Fireplaces Type Electric

Fireplace No

Appliance F/S/W/D

Laundry Common Area

Exterior

Parking Features Driveway

Garage Spaces 5.0

View Y/N true

View Ocean

Roof Type Asphalt Shingle

Total Parking Spaces 5

Garage No

Building

Lot Description Curb & Gutter, Level, Private, Rectangular Lot, Serviced, Shopping Nearby

Foundation Concrete Perimeter

Sewer Sewer To Lot

Water Municipal

Architectural Style Character

Others

Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Ownership Freehold

Special Listing Condition Contact List Licensee

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Nearby Locations

Jason Anson
Jason Anson

Agent | License ID: 188385

+1(250) 252-7653 | sold@jasonanson.ca

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This page highlights a Sold Listing, showing how a property recently changed hands and what that means for the local market. Every sale is part of a larger pattern shaped by neighbourhood demand, pricing, and timing. I have lived on Vancouver Island for more than 30 years and have seen how sales activity reflects the growth and change of communities. In my professional work I focus on proving actual market value with market movement data, helping both buyers and sellers learn from past results and apply that insight to their next steps. Use these guides to explore regional areas and see how this sold property connects with the wider housing story of the island at Living on Vancouver Island.

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