Lot 17 Steeple Chase
Sooke, British Columbia
MLS® 1027991
$5,990,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 1027991
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 19Listing 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
Property summary
- MLS® number
- 1027991
- Property type
- Multi-family
- Building type
- Multi-Family
- Title
- Freehold
- Land size
- 2.72 acres
- Annual property taxes
- $16,279.12
- Parking
- 66 spaces
- Days on market
- 195 days
Features & details
- Lot features
- Acreage
What would this home cost you?
Based on the $5,990,000 asking price at a 5.00% example rate, semi-annual compounding.
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.