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Real-estate development Q&A


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#121 MarkoJ

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Posted 14 July 2016 - 02:23 PM

Oaklands

 

Is your lot over 555 m2? -> http://www.victoria..../Bylaws/2.1.pdf


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#122 Mr Cook Street

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Posted 18 July 2016 - 11:22 AM

Is your lot over 555 m2? -> http://www.victoria..../Bylaws/2.1.pdf

It is!

Thanks for sharing the link.


Edited by Mr Cook Street, 18 July 2016 - 11:22 AM.


#123 MarkoJ

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Posted 19 July 2016 - 12:48 PM

Sounds like you have duplex potential which is very rare for Oaklands as the vast majority of lots are 5,500 sq/ft (not quite 555 m2). 


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Marko Juras, REALTOR® & Associate Broker | Gold MLS® 2011-2023 | Fair Realty

www.MarkoJuras.com Looking at Condo Pre-Sales in Victoria? Save Thousands!

 

 


#124 Mr Cook Street

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Posted 19 July 2016 - 01:45 PM

Maybe it is impossibly hypothetical, but any idea of the premium % a developer might pay for that potential?



#125 MarkoJ

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Posted 19 July 2016 - 05:36 PM

Maybe it is impossibly hypothetical, but any idea of the premium % a developer might pay for that potential?

 

A lot of moving parts to be honest such as street, frontage of lot, etc.  There is a premium for sure but would need more information.  

 

Also the premium for the lot needs to outweight what you could get for the house currently.


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Marko Juras, REALTOR® & Associate Broker | Gold MLS® 2011-2023 | Fair Realty

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