REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Shayne Fedosenko Maxxam Realty Ltd.
$ 5,990,000
Est. payment | /mo
8,000 SqFt
$ 5,990,000
Est. payment | /mo
8,000 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,000 sqft
Price per Sqft $748
MLS Listing ID 1027991
HOA Y/N No
Annual Tax Amount $16,279
Tax Year 2025
Lot Size 2.720 Acres
Acres 2.72
Property Sub-Type Multi Family
Property Description
Great Opportunity on this fully serviced Zoned & Approved Townhouse Site. Paved roads, 2 entrances, infrastructure & servicing are all in. This is the best location imaginable in Sooke's Core, steps to Schools, Sports, Recreation & all Amenities. 33-unit townhouse site that can be a phased development with Quick turnaround potential, as Development Permit has been approved. Someone might get a proposed change to the Development Permit for the existing units? Or build what's there. The sellers have already paid landscape bond of $238,131.30, $12,000 landscape fees, $40,000 building deposits, $102,000 building permit fees for 8 units, 4 of the units are at the lockup stage. With an additional investment of approx $800,000, the project could potentially generate around $3 mill in quick sales—one of the key advantages of this development is Buyer getting a fast return on their investment.
Location
Province BC
County Capital Regional District
Community Sk Sooke Vill Core
Area Sooke
Interior
Fireplace No
Exterior
Parking Features On Site
Garage Spaces 66.0
View Y/N No
Total Parking Spaces 66
Garage No
Building
Lot Description Acreage
Sewer Sewer To Lot
Water Municipal
Others
Ownership Freehold
Nearby Locations
GET MORE INFORMATION