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$4,500,000
Est. payment /mo
2.35 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1001818
Rental Info Unrestricted
Annual Tax Amount $1
Tax Year 2025
Lot Size 2.350 Acres
Acres 2.35
Property Sub-Type Land
Property 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. 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!
Location
Province BC
County Capital Regional District
Area Sooke
Rooms
Basement Other
Kitchen 0
Interior
Heating Other
Cooling Other
Heat Source Other
Laundry In Unit, Other
Exterior
Parking Features Additional
Total Parking Spaces 70
Building
Faces See Remarks
Foundation Other
Sewer Sewer To Lot
Water Municipal
Structure Type See Remarks
Others
Pets Allowed Yes
Tax ID 032-145-411
Ownership Freehold
Pets Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs
Virtual Tour https://vimeo.com/showcase/11733636/video/1089232116
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Listed by Maxxam Realty Ltd.