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1405 Fisher Rd
ML Cobble Hill Cobble Hill V8H 0H7

$1,150,000
Commercial Sale built: 1957

Main Photo: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 1: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 2: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 3: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 4: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 5: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 6: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 7: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 8: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 9: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 10: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 11: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 12: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 13: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 14: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 15: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 16: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 17: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 18: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 19: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 20: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 21: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 22: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 23: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 24: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 25: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 26: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
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Photo 29: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 30: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 31: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 32: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 33: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 34: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 35: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 36: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 37: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
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Photo 39: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 40: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
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Photo 42: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 43: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 44: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 45: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Photo 46: 1405 Fisher Rd in Cobble Hill: ML Cobble Hill Multi Family for sale (Malahat & Area)  : MLS®# 1014467
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1014467
Year Built:
1957
Small-to-medium scale development property in Cobble Hill village (fully serviced). Desirable location in the village center with preliminary approval for a 3-lot subdivision per current zoning (R3). Updated 2B/1B home to support financing and increase lot value post subdivision (can function as primary or secondary/rental – previously rented for $2,200/mo.). Additionally, parcel rezoning to “Compact Suburban” in CVRD’s new OCP, due for adoption this fall. CS zoning supports up to 8 lots (333m2 lots vs. 900m2), duplexes, or multi-unit dwellings. Ideal site conditions – level/cleared, excellent excavation/drainage & no known constraints. Optimal sun exposure with private south-facing yards, mature landscaping, and high-producing fruit trees (cherry x4, apple, plum x2, pear). Outbuildings include 2x utility/electrical sheds, a pine-finished A-frame/office w/ vaulted ceilings, and a detached studio (15x18) – outbuildings can be included or removed at Sellers expense.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Year built:
1957 (Age: 68)
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
ML Cobble Hill, Malahat & Area
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0.7 acre(s)
Taxes:
Construction:
Cement Fibre, Frame Metal, Vinyl Siding
Foundation:
Pillar/Post/Pier, Slab
Ceiling Heights:
Floor finish:
Laminate, Tile, Vinyl
Total Building Area:
918 sq. ft.
Commercial Area:
Subdivisable Area:
Yes
Water supply:
Municipal
Sewer:
Septic System, Sewer Available
Cooling:
None
Heating:
Baseboard
Fireplace:
No
Pending Date:
Electric, Gas
Access the main driveway from Fairfield, not Fisher Road.
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
Duncan Rural (765)
Legal Description:
Zoning:
R3
Units in Building:
Units in Community:
Utilities:
Compost, Garbage, Natural Gas Available, Recycling
Lot Site Features:
Corner Lot
Parking Features:
On Site
Total Parking Spaces:
3
Road Surface Type:
Paved
Total Units:
Date Listed:
Sep 18, 2025
Original Price:
1150000.0
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Listed by Coldwell Banker Oceanside Real Estate
Data was last updated September 27, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$1,150,000
Min list price:
$6,775
Max list price:
$5,995,000
Avg days on market:
86
Min days on market:
2
Max days on market:
330
These statistics are generated based on the current listing's property type and located in Malahat & Area. Average values are derived using median calculations. This data is not produced by the MLS® system.

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Victoria BC is a picturesque coastal city located on Vancouver Island in British Columbia, Canada. The city boasts a mild climate, stunning natural beauty, and a rich history. The housing market in Victoria BC is highly competitive, with a range of properties available to suit all budgets and preferences. From charming heritage homes to modern condominiums, there is something for everyone. The city's most sought-after neighborhoods include Oak Bay, Uplands, and Fairfield, all known for their beautiful homes and prime locations. Whether you're a first-time homebuyer or looking for a vacation property, Victoria BC offers an excellent selection of houses to choose from. With its thriving economy, vibrant culture, and unbeatable lifestyle, Victoria BC is an ideal place to call home.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.