+14 more
8,000 sqft
Building Area
2.72 ac
Lot
66
Parking
About This Property
This multi-family in Sooke offers 8,000 sqft of building area on a 2.72 ac lot. The property has lot dimensions of 2.72, zoned Unknown. Highlights include a 66-car garage.
MLS Remarks
Great Opportunity on this fully serviced Zoned and Approved Townhouse Site. Paved roads, 2 entrances, infrastructure, servicing is all in. This is the best location imaginable in the Sooke Core, steps to Schools, Sports, Recreation, and 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, four of the units are at the lockup stage, and with an additional investment of approximately $800,000, the project could potentially generate around $3 million in quick sales—one of the key advantages of this development is Buyer getting a fast return on their investment is a confidence boost. Listed at 5,990,000. 6700 Steeple Chase (id:60351)
Overview
Property Typeresidential
Sub-Typemulti-family
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