2608 Penrhyn St | $1,465,700 | MLS® 1040767
Mike Pearce* Agent Photo
Mike
Pearce*
P. (778) 433-8885
 Phone Mike
ENGEL & VOLKERS VANCOUVER ISLAND
735 Humboldt St
 Victoria, BC
 Canada V8W 1B1
MLS® 1040767

Details

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Years (35 year max)
Years



Address 2608 Penrhyn St
AreaSaanich East
Sub AreaCadboro Bay
State/ProvinceBritish Columbia
CountryCanada
Price$1,465,700
Property TypeSingle Family
Bedrooms2
Bathrooms1
Floor Space987 Square Feet
Lot Size8425.00 Square Feet
WaterfrontNo
Year Built1949
Taxes $7,622
Tax Year2026
MLS® #1040767

Front row @ Cadboro-Gyro Park & steps to the Village, this rare LAND ASSEMBLY/DEVELOPMENT OPPORTUNITY boasts noteworthy latent value. 1940's cottage on level 8,425 sq/ft lot to be sold in conjunction w/ MLS #1040736 (2604 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.

Listed by Pemberton Holmes - Sidney

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About

Mike* has been in the top 1% of all Realtors in Greater Victoria from 2011 to 2016 in total number of condos and townhouses sold. He is also in the Victoria Real Estate Board’s MLS Awards’ Club as a multiple Gold Award winner, and in 2015, Mike was awarded the prestigious MLS Special Gold Award for his high standard of excellence throughout his career. 

Being born and raised in Victoria has given Mike a vast knowledge base to educate his clients on the historical market growth and on today’s current demographics. Mike’s experience in and knowledge of depreciation reports, strata bylaws, regulations, strata plans and fees, engineer’s reports, and remediation and special assessments comes from his extensive portfolio of business and in-depth studies of hundreds of strata buildings in the city. 

Mike and his family have a big love for the island and the outdoors, and, when Mike isn’t working, you can find them on the slopes, golfing, camping, or exploring the many amazing hiking trails. Mike is also a past professional golfer with over 60 wins worldwide and is a proud member of the Gorge Vale Golf Club and sponsor of the Island Professional Golf Tour. 

*Mike Pearce Personal Real Estate Corp.