- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1001863
- Photos (15)
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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. The current OCP supports the development of 47 units. 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 Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Land
- Lease Type:
- Sale Price
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- Sk West Coast Rd, Sooke
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 2.35 acre(s)
- Taxes:
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- Ceiling Heights:
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- Commercial Area:
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- Water supply:
- Municipal
- Sewer:
- Sewer To Lot
- Fireplace:
- No
- Pending Date:
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- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Jurisdiction name:
- District of Sooke
- Legal Description:
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- Lot Site Features:
- Acreage, Central Location, Cleared, Easy Access, Level, See Remarks
- Parking Features:
- On Site
- Total Units:
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- Date Listed:
- May 30, 2025
- Original Price:
- 4500000.0
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Virtual Tour
Listed by Maxxam Realty Ltd.
Data was last updated July 21, 2025 at 02:05 AM (UTC)
Area Statistics
- Listings on market:
- 15
- Avg list price:
- $2,199,999
- Min list price:
- $78,000
- Max list price:
- $18,000,000
- Avg days on market:
- 103
- Min days on market:
- 12
- Max days on market:
- 538
These statistics are generated based on the current listing's property type
and located in
Sooke. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- EAMON COLL
- TEAM 3000 Realty Ltd.
- 1 (250) 8889515
- Contact by Email
Location
114-4480 West Saanich Rd.
Victoria, BC, V8Z 3E9