6 Bed Single Family Detached in Esquimalt

$1,850,000

863 Parklands Dr
MLS® NO: 1031878

Description

Prime 0.42-acre development opportunity w/ approved permits to build a duplex at the rear and convert the existing home into another duplex—creating 4 homes. Nestled behind mature trees & set back from the road, this rare gem hits the market for the first time in nearly 30 years.The existing home feat: original hardwood floors & charming mid-century details. Developers can hold & rent the house while finalizing construction plans, maximizing ROI from day one. Alternatively, this is an ideal multi-generational property—offering the space & flexibility for families or groups to create customized living arrangements on one property .South-facing rear yard captures abundant natural light. Located in the heart of Esquimalt with quick access to popular parks, local amenities, shopping, & dining. Enjoy convenient commutes to Downtown Victoria, Saanich, & the West Shore. Don't miss this versatile opportunity, whether you're building your investment portfolio or your family's future.

General

Property Type:Single Family Detached
Title of Ownership:LOT 1, BLOCK 4, PLAN VIP6570, SECTION 2, ESQUIMALT LAND DISTRICT
Layout:Main Level Entry with Upper Level(s)
Taxes:$8,941
Tax Year:2025
Finished Sq. Ft.:3,686
Unfinished Sq. Ft.:901
Year Built:1955

Building Details

Foundation: Poured Concrete
Roof: Asphalt Shingle
Heat/Air: Forced Air, Oil

Site Influences

Lot SqFt: 18,400
Acres: 0.42
Lot Shape: 88 ft wide x 210 ft deep
Water: Municipal
Waste: Sewer To Lot
Parking: Driveway, Garage, Garage Double, Open, RV Access/Parking
Lot Features: Curb & Gutter, Private

Room Dimensions

Main

Bedroom 12'x12'
Storage 8'x5'
Bathroom 2-Piece
Bedroom 10'x10'
Laundry 12'x9'
Garage 10x12
Garage 25x26

Second

Bedroom 13x14
Bedroom 12x11
Bedroom - Primary 15x14
Bathroom 4-Piece
Bathroom 3-Piece

Property Details

Beds: 6
Baths: 4
Sq. Feet: 3,686
Year Built: 1955
Property Type: Single Family Detached
Municipality: Esquimalt

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Listed with:

Kyle Kerr - Initium Real Estate Ltd.
Phone: 250-818-5595

NOTE: 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.