1405 Fisher Rd
$875,000
Cobble Hill
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About this home
APPROVED 3-LOT SUBDIVISION & HOME WITH DEVELOPMENT PERMIT – Unique opportunity to buy a single-family home on 0.70 acres (30,492 sq. ft.), then subdivide into three separate lots, each with its own title. At the finish line of a 2-year application, now fully approved with development permit issued June 4, 2026. Final step: installing utility boxes at the lot line. Engineered servicing plans complete and submitted; installer on standby if the buyer wishes to proceed. Stunning property in the heart of Cobble Hill property with mature landscaping and high-producing apple, pear, cherry, and plum trees. Optimal build conditions – cleared, open fields enjoying all-day sunshine, with excellent drainage & excavation qualities, and no environmental, riparian, or other building restrictions beyond standard zoning. R3 zoning allows a primary home, plus one suite or carriage home – up to 6 dwelling units total. Detailed package with all documentation & utility cost breakdown available on request. (id:65179)
Property details
From the listing's public record.
Lot size
0.70 acres
Year built
1957
Taxes
$2,931/yr
Zoning
Residential
Heating
Parking
Lot
Price history
8 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Jun 10, 2026
Listed $875,000
Active41 days on marketMLS 1039996Jun 10, 2026
Listed $875,000
Active41 days on marketMLS 1039923Sep 19, 2025
Listed $995,000
Ddf_delisted264 days on marketMLS 1014467Sep 19, 2025
Listed $995,000
Ddf_delisted257 days on marketMLS 1014465Jun 6, 2024
Listed $1,200,000
Expired36 days on marketMLS 966509Mar 25, 2002
$134,500
Sold1 days on marketMLS 280482Jun 17, 1999
$137,700
Sold21 days on marketMLS 212380Sep 30, 1993
$126,500
Sold3 days on marketMLS 62579
How this listing compares
Based on 13 sales in Malahat & AreaMedian sold
$470,000
Avg days on market
108 days
Avg sale-to-list
91.3%
Avg $/sqft
—
Current market in Malahat & Area
Active (same type)
13
Pending
1
All active listings
139
Months of supply
12
Buyer's market — 12 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$526,000
Homes in Malahat & Area sell at 379.9% of assessed value on average.
Based on 13 recent sales.
Recent nearby sales
6 sales1894 Lakewood Rd
$825,000
— · — · — · 64 days on market
Sold May 6, 2026 · 68.8% of list
0 Trans Canada Hwy
$1,300,000
— · — · — · 44 days on market
Sold Apr 15, 2026 · 92.9% of list
Lot 11 Thain Rd
$950,000
— · — · — · 285 days on market
Sold Apr 15, 2026 · 86.4% of list
Lot 2 Braithwaite Dr
$423,500
— · — · — · 201 days on market
Sold Mar 19, 2026 · 95.2% of list
Lot 11 Goldstream Heights Dr
$407,500
— · — · — · 28 days on market
Sold Feb 17, 2026 · 95% of list
801 Trans Canada Hwy
$2,000,000
— · — · — · 57 days on market
Sold Jan 30, 2026 · 80% of list
What would this home cost?
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Monthly mortgage
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Loan amount
$875,000 − $175,000
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$192,000
Down payment + PTT + GST + legal estimate.
Estimates only, based on current BC rates and thresholds. Not tax, legal, or financial advice. Property transfer tax exemptions have eligibility requirements — confirm with a lawyer or notary. GST rebates on new construction are not modelled here. Mortgage payment uses Canadian semi-annual compounding and excludes property tax, home insurance, and CMHC mortgage insurance.
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Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.
Listed by Coldwell Banker Oceanside Real Estate