Exceptional Maplewood Development Opportunity â Large Flat Lot with SSMUH Potential Rare opportunity in the highly sought-after Maplewood neighbourhood of Saanich. Situated on a large, level lot surrounded by mature trees, this property presents outstanding potential for investors, builders, and developers looking to capitalize on the areaâs strong demand and central location. With Saanichâs evolving SSMUH (Small-Scale Multi-Unit Housing) framework in place (buyer to verify details with the District of Saanich), this property offers exciting redevelopment possibilities. Whether youâre considering a holding investment, strategic redevelopment, or building a custom home, this flat and usable lot provides an excellent foundation for your vision. The existing home offers hardwood floors, a spacious living room with fireplace, separate dining area, and a functional kitchen. Two bedrooms are located on the main floor, along with a large covered deck overlooking the private yard. The unfinished basement provides additional space with potential suite options (buyer to verify), and the finished attic area is ideal for an office, studio, or flex space. The home could be renovated, rented, or removed to maximize the siteâs potential. Located on a charming, quiet laneway-style street lined with character homes and beautiful oak trees, this property combines redevelopment upside with strong neighbourhood appeal. Maplewood is consistently one of Greater Victoriaâs most desirable areas, offering convenient access to downtown Victoria, Uptown, UVIC, parks, schools, and major transit routes. Opportunities like this â flat, well-located lots with redevelopment flexibility â are becoming increasingly rare in Saanich. A prime investment for those looking to build, develop, or secure land in a premium neighbourhood. (id:27476)
