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Dylon Paul

dylon@dylonpaul.ca +1(250) 650-9019

Listing by Shayne Fedosenko Maxxam Realty Ltd.

$ 5,990,000

Est. payment -/mo

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Active

Lot 17 Steeple Chase Sooke, BC V9Z 0W3

8,000 SqFt

UPDATED:

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 false

Total Parking Spaces 66

Garage No

Building

Lot Description Acreage

Sewer Sewer To Lot

Water Municipal

Others

Ownership Freehold

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.”

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