Front row @ Cadboro-Gyro Park & steps to the Village, this rare LAND ASSEMBLY/DEVELOPMENT OPPORTUNITY boasts noteworthy latent value. 1980's custom home on 12,412 sq/ft lot to be sold in conjunction with MLS #1040767 (2608 Penrhyn Street). Adjoining properties have been in the same family for over 75+ yrs. Offering an aggregate 20,837 sq/ft (.478 acres) this potential site boasts unparalleled OCEAN & PARK views, walkability & long-term growth opportunity w/ immediate proximity to the area's finest beaches, boutique shops, pub, grocery, UVIC & Village amenities. Sought after residential neighborhood w/ an established mix of SFD's, townhomes & condos. Immediate proximity to recently completed high-end strata developments & more currently underway w/ sales commanding top tier sq/ft value. Expanding range of housing options in the Village Neighborhood have increased housing diversity & supply, while retaining street & block character. Opportunity knocks to provide needed housing options.
Address
2604 Penrhyn St
List Price
$1,948,000
Sold Date
26/06/2026
Property Type
Residential
Type of Dwelling
Single Family Residence
Style of Home
West Coast
Transaction Type
Sale
Area
Saanich East
Sub-Area
SE Cadboro Bay
Bedrooms
4
Bathrooms
3
Floor Area
3,010 Sq. Ft.
Lot Size
12412 Sq. Ft.
Lot Size (Acres)
0.28 Ac.
Year Built
1980
MLS® Number
1040736
Listing Brokerage
Pemberton Holmes Ltd - Sidney
Basement Area
Crawl Space
Postal Code
V8N 1G3
Tax Amount
$10,131.14
Tax Year
2026
Features
Aluminum Frames, Blinds, Carpet, Dishwasher, Dryer, Electric, Electric Garage Door Opener, Forced Air, Hardwood, Heat Pump, Insulated Windows, Linoleum, Microwave, Oven/Range Gas, Propane Tank, Range Hood, Refrigerator, Skylight(s), Tile, Washer
Amenities
Awning(s), Balcony, Balcony/Deck, Balcony/Patio, Central Location, Easy Access, Fencing: Partial, Garden, Landscaped, Level, Marina Nearby, No Through Road, Panhandle Lot, Park Setting, Private, Quiet Area, Recreation Nearby, Serviced, Shopping Nearby, Storage Shed