10 acre Development Property Now Available in Victoria, BC

July 10, 2012 - PRLog -- Newly listed 10 Acre property in Victoria BC is in a prime location and is ready for housing development re-zoning.

The land is comprised of two five acre parcels at 815 & 835 Latoria Road, Victoria,BC (www.latoria.ca). The land is currently occupied by a profitable equestrian facility and other revenue generating residences.

The topography lends itself well for an exciting residential community that extends the Latoria Road  Residential Corridor from the Olympic View Golf Club Area.

The maximum utilization of this land could include close to 50 individual 550 square metre lots, with the capability of adding secondary accommodation or carriage house suites on each lot.

This rare development opportunity is located just minutes from world class fishing , surfing and sailing in the Pacific Ocean,  tour quality golf at the Olympic View Golf Course walking distance from the development, and in the heart of the growing Southern Westshore area.

This area supports a much more affordable option for families who want to live in a desirable area of Victoria, a great benefit in this booming real estate area.

Residential development in the Olympic View Golf Area has dramatically increased in the past few years because of the local municipality's plans to create a new village centre.

There will be a new school, more boutique shops and improved walking & recreational trails, as well as increased public transit to reduce the community's "carbon footprint."  

Other successful developments in the area include Royal Bay, Latoria Walk, and Latoria Close. There are only a handful of potential development sites available to add to this exclusive residential area, so this acreage is a rare commodity.

For more information on this property visit http://www.latoria.ca