1405 Fisher Road

$995,000 | Cobble Hill, Malahat & Area

About this House

COBBLE HILL DEVELOPMENT PROPERTY. Fully serviced, level & cleared 0.7 ac. corner lot w/ multiple access points. Flexible paths forward for immediate or phased development. Property features an updated 2B/1B dwelling to support conventional mortgage financing (vs. bare land) & increase post subdivision lot value. Home can serve as a primary or secondary home if future owners wish to build (prev. rented for $2,200/mo). Preliminary approval secured for a 3-lot subdivision per current R3 zoning (900 m² lots) with no park dedication required. Property is designated “Compact Suburban” in the CVRD’s newly adopted OCP, w/ rezoning expected in 2025/26. CS zoning will support higher density - up to 8 lots (333 m²) - including duplexes & multi-unit. Buyers may continue w/ the current application (and explore a second/future subdivision), or hold/redesign plans in alignment with the OCP. Several unique outbuildings including detached A-frame/office & studio can remain or be removed if preferred.

Lot Features Of 1405 Fisher, Cobble Hill, Malahat & Area

Corner Lot

Listed by Coldwell Banker Oceanside Real Estate.

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MLS® Reciprocity Brought to you by your friendly REALTORS® through the MLS® System, courtesy of BrixWork for Realtors for your convenience.
Disclaimer: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.