1605 Adelaide St, Crofton, British Columbia

About This Property

*** For more information, please click Brochure button. *** These prime ocean-view building lots present an amazing opportunity for development in the beautiful seaside village of Crofton. Offering panoramic view of Osborne Bay, these lots are steps away from Crofton Elementary School and easy walking distance to every community service and facility that Crofton has to offer, including the renowned Crofton Seawalk. This site includes three (3) fee simple titles (subdivision completed in 2023) totaling nearly 15,000 ft2. All three (3) lots are fully serviced and development ready with driveway aprons, municipal water and sanitary sewer, and storm services (including storm detention tanks already installed), Natural gas and hydro are available in the adjoining boulevard / road ROW. Preliminary grading has been completed, and level-entry units (with walk-out basement) will require minimal excavation. The zoning on these lots offers tremendous flexibility with opportunities to construct anywhere from one (1) to four (4) units per lot (3-12 units in total) in a variety of building forms (e.g. level entry SFD, suites, duplex, triplex, fourplex, etc.). Each lot allows for up to 45% lot coverage and approx. 6,500 – 7,000 ft2 buildable area (20,000 ft2 overall). This is an ideal opportunity for builders, investors or individuals looking for an opportunity to construct new residential units either for re-sale or for rentals, shared family living options, or a beautiful new retirement home where you can sit out on your deck and watch the ferry go back and forth from Saltspring Island all day long.