Lot 17 Steeple Chase Active

Sooke,BC V9Z0W3

$ 7500000

- Bed

- Bath

0 SqFt


Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision Sooke Vill Core

MLS Listing ID 1013873

Lot Size 2.720 Acres

Acres 2.72

Property Sub-Type Freehold

Source Victoria Real Estate Board

Property 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 have positioned the project at $7.5 million to attract a broad range of potential buyers, considering that 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 7.5 million. 6700 Steeple Chase (id:24570)

Location

Province BC

Zoning Unknown

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 66

Private Pool No

Others

Ownership Freehold

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