721 Noowick Rd, Mill Bay
Set on nearly 2.5 acres, this rare offering presents an exceptional opportunity for those seeking space today and strong future upside. Offered for the first time, this custom-built home combines solid construction with outstanding potential for subdivision and redevelopment (buyer to verify). The home features 3 bedrooms and 1 bathroom in the main, along with a studio suite below that could be reconfigured into a self-contained 1-bedroom, 1 bathroom suite—ideal for extended family or rental income. Thoughtful updates include a durable metal roof, along with new windows and doors, enhancing both efficiency and long-term value. Serviced by both city water and a private well, the property offers flexibility and convenience rarely found in parcels of this size. With ample space for expansion, gardens, or future planning, this property is a compelling hold or development candidate in a growing area. Opportunities like this are increasingly hard to find—secure your stake in a property with immediate livability and significant long-term potential. (id:62865)
Status
Active
Year Built
1975
Property Type
House
Ownership
Freehold
Parking Spaces
5
Annual Tax
$4,058
Zoning
Residential
Parcel Number
000-934-721
Data Source
Victoria Real Estate Board
Bedrooms
3
Bathrooms
2
Living Area
2127 square feet
Appliances
Lot Size
2.37 acres
Lot Features
Heating
Heat Pump, Baseboard heaters, Electric, Wood
Cooling
Air Conditioned
$949,000
Office
RE/MAX Generation - The Neal Estate Group
Loan Amount:
$759,200
Estimated Monthly Payment:
$3,700
This is an estimate for informational purposes only. Consult with a financial advisor.
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