1069/1101 Beach Dr

*Foreign Buyer Ban Exempt* A once-in-a-generation opportunity in one of Canada’s most distinguished coastal enclaves. Set along Oak Bay’s prestigious Beach Drive, this rare assembly offers two titles, more than 1,000 feet of shoreline with private beach access, an exceptional buildable envelope, and panoramic views of the Haro Strait including Mount Baker to the Olympic Mountains. Neighbouring pre-existing multi-family buildings and Oak Bay’s signature amenities: Victoria Golf Club, Oak Bay Beach Hotel, and Oak Bay Marina, underscore the site’s suitability for a landmark, legacy-scale project. Importantly, the new Official Community Plan identifies these properties within a special study area for “larger sites and (multi lot) areas to be comprehensively planned and designed” for future land use changes, further highlighting their suitability for high-value redevelopment. The groundwork is done. The site is professionally cleared and surveyed, and is supported by complete geotechnical, environmental, traffic, and servicing reports, streamlining due diligence for visionary purchasers. Whether advancing a best-in-class coastal development or securing a blue-chip land hold, this is Vancouver Island’s largest, most central, and sought after developable oceanfront opportunity in one of the country’s most resilient real estate markets. Get in touch with us today to explore the possibilities. (id:45055)

• Property Details

  MLS® Number	1008863
  Property Type	Vacant Land
  Neigbourhood	South Oak Bay
  Features	Acreage, Central Location, Curb & Gutter, Park Setting, Private Setting, See Remarks, Partially Cleared, Other, Marine Oriented
  ParkingSpaceTotal	10
  Plan	Vip7263
  ViewType	Mountain View, Ocean View
  WaterFrontType	Waterfront On Ocean

• Building

  CoolingType	None
  HeatingType	Other

  Stall

• Land

  Acreage	Yes
  SizeIrregular	5.13
  SizeTotal	5.13 Ac
  SizeTotalText	5.13 Ac
  ZoningDescription	R-1
  ZoningType	Residential

• Rooms
• Utilities