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Lot 17 Steeple Chase
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Lot 17 Steeple Chase

Sooke, British Columbia V9Z0W3

$5,990,000

MLS® 1027991

Multi-family

Type

3 acres

Lot Size

66

Parking

Description

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:65701)

Property Details

Ownership Freehold
Annual Taxes $16,279.12
Lot Features Acreage
Structure Multi-Family

Listed by

Maxxam Realty Ltd.

Victoria

Interested in this property?

Contact Kara Call 604.328.8000
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