Shovel-Ready Project in Royal Oak! PERMIT APPLICATION IN PLACE for a thoughtfully designed 4-plex that fits seamlessly into the established Royal Oak streetscape. The layout has 2x 2-bed/1-bath units and 2x 3-bed/3-bath units - all with private entrances and parking, making it ideal for resale or long-term rental. All the hard work is done: fully cleared and pinned, trees removed, soil excavated, crush spread to reduce mud, and a storm water rock pit installed. Underground hydro, water, and gas to the property line. One driveway is in place, with approval for a second driveway. A tranquil location across from the Colquitz River Trail- a popular greenbelt connecting local parks. Boasting a Walk Score of 96; groceries, coffee shops, pharmacy, restaurants, medical offices, and Royal Oak Middle school are a short stroll away. Easy access to Highway 17 connects to major employment centres Downtown and on the Peninsula. A rare turnkey opportunity - pick up your permit and build. Price+GST
Data was last updated November 19, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
33
Avg list price:
$899,000
Min list price:
$475,000
Max list price:
$1,499,000
Avg days on market:
49
Min days on market:
7
Max days on market:
134
Avg price per sq.ft.:
$594.46
These statistics are generated based on the current listing's property type
and located in
SW Royal Oak. Average values are
derived using median calculations. This data is not produced by the MLS® system.