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Listing by Shayne Fedosenko Maxxam Realty Ltd.
$ 4,500,000
Est. payment | /mo
2.35 Acres Lot
$ 4,500,000
Est. payment | /mo
2.35 Acres Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1001863
HOA Y/N No
Annual Tax Amount $1
Tax Year 2025
Lot Size 2.350 Acres
Acres 2.35
Property Sub-Type Multi Family
Property Description
2.35 acres of Prime development opportunity in the heart of Sooke. This centrally located RM2-zoned property is offered for sale with significant density potential & supporting documentation in place. The current OCP supports the development of 47 units. Structures have been removed; the site is ready for development (not excavated). Development Permit Submitted: Mar 2025 for a 47-unit condo development. The design Concept consists of 8 buildings, 6 units per building (1 building includes a flex space for gym or storage). The draft OCP allows up to 65 units, with the site plan designed to accommodate 3 additional buildings. Meetings held with the District of Sooke with verbal support received for current DP submission. This project offers multiple build-out strategies depending on your investment goals, the project could proceed as strata-titled condos for sale or as CMHC rental units with stratified buildings. Call for your full package today!
Location
Province BC
County Capital Regional District
Community Sk West Coast Rd
Area Sooke
Interior
Fireplace No
Exterior
Parking Features On Site
View Y/N false
Garage No
Building
Lot Description Acreage, Central Location, Cleared, Easy Access, Level, See Remarks
Sewer Sewer To Lot
Water Municipal
Others
Ownership Freehold
Virtual Tour https://vimeo.com/showcase/11733636/video/1089232116
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