1405 FISHER ROAD
Victoria · V0R1L2
$995,000
About this residence
COBBLE HILL DEVELOPMENT PROPERTY. Fully serviced, level & cleared 0.7 ac. corner lot w/ multiple access points. Flexible paths forward for immediate or phased development. Property features an updated 2B/1B dwelling to support conventional mortgage financing (vs. bare land) & increase post subdivision lot value. Home can serve as a primary or secondary home if future owners wish to build (prev. rented for $2,200/mo). Preliminary approval secured for a 3-lot subdivision per current R3 zoning (900 m² lots) with no park dedication required. Property is designated “Compact Suburban” in the CVRD’s newly adopted OCP, w/ rezoning expected in 2025/26. CS zoning will support higher density - up to 8 lots (333 m²) - including duplexes & multi-unit. Buyers may continue with the current application (and explore a second/future subdivision), or hold/redesign plans in alignment with the OCP. Several unique outbuildings including detached A-frame/office & studio can remain or be removed if preferred. (id:61366)
Property details
- Property type
- Multi-family
- Style
- Multi-Family
- Ownership
- Freehold
- Lot size
- 0.7
- Parking
- 3 spaces
- Year built
- 1957
- Annual tax
- $2,931
- MLS®
- 1014467
- Board
- Victoria
- Status
- Inactive
- Listed
- Sep 19, 2025
- Updated
- Dec 23, 2025
Features & finishes
Heating
- Baseboard heaters
Lot
- Corner Site
Financing
Estimated monthly payment
$4,653/mo
Loan amount
$796,000
Down payment
$199,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Victoria
Nearby
About the area
Census · V0R- 72,310
- Population
- 51
- Median age
- $77,500
- Median income
- $680,000
- Median home value
- 82%
- Home ownership
- 26 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 1405 FISHER ROAD?
1405 FISHER ROAD is listed for $995,000, in Victoria.
What type of home is 1405 FISHER ROAD?
1405 FISHER ROAD is a Multi-family, Multi-Family, built in 1957.
How large is 1405 FISHER ROAD?
The home offers a lot measuring 0.7.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $4,653. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $2,931 per year.
Is there parking?
Yes — 1405 FISHER ROAD includes 3 parking spaces.
What is the Victoria area like?
Victoria has a population of about 72,310, a median age of 51, a 82% home-ownership rate, with an average commute of about 26 minutes.
What is the average home value in Victoria?
The median dwelling value in this area is approximately $680,000, based on census data via Neighbourly.
What is the median household income in Victoria?
The median household income in this area is approximately $77,500.
Similar residences
Comparable Multi-Family near Victoria at a similar price.
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