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Renanza Realty
For sale

Lot 1 Maple Ave S

Sooke, British Columbia

MLS® 1001863

$3,999,000

Status
Active
Property type
Multi-family
MLS® number
1001863
Bedrooms
Bathrooms
Year built

Listing 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.

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!

Property summary

MLS® number
1001863
Property type
Multi-family
Building type
Multi-Family
Title
Freehold
Land size
2.35 acres
Annual property taxes
$1.00
Days on market
474 days

Features & details

Lot features
Acreage, Central location, Level lot, See remarks, Partially cleared, Other

What would this home cost you?

Based on the $3,999,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$18,607 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Maxxam Realty Ltd., Victoria.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.