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ID: 72524
MLS ID: 24656529
MLS Nubmer: 909268
description: Rare opportunity in Victoria; a quality building lot with no GST, save $35,000 in tax! This is a newly created level lot on a quiet side street in the Glanford neighbourhood, fully serviced with curb, gutter, streetlight, storm drain, sewer & water. This 6,185 SQFT lot is awaiting final subdivision registration which is expected in September, but building permits can be processed in the meantime for a prompt construction start. Buyer to confirm GST not required, see CRA document in supplements. Seller may carry a builderÂ’s mortgage to a sound covenant, OAC, at a preferential rate. This lot ought to accommodate a new house up to approximately 3,000 SQFT with a legal one or two bedroom suite - buyer must confirm with the municipality to their own satisfaction. Zoning will be R-6. Want more saving? The seller, a long established quality builder, will build to suit for you, but transfer the lot to the buyer prior to construction. Therefore, Property Transfer Tax will apply only to the lot value, not the full built-out value. Total savings of taxes alone can amount to over $50,000! This is a nice, quiet area, a great place to live, close to schools, shopping & handy to transportation, parks, trails & amenities. Call today!
address: Lot 2 Kay St
postal code: V8Z2L3
city: Saanich
latitude: 48.48028119
longitude: -123.39414085
sub_type: Vacant Land
size_total: 6185 sqft
features: Central location, Curb & gutter, Level lot, Partially cleared, Other