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Home BC Greater Victoria Capital Sooke
Lot 17 Steeple Chase
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Lot 17 Steeple Chase $6,999,900
$6,999,900
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Lot 17 Steeple Chase
Sooke, British Columbia V9Z0W3

MLS® Number: 1013873

Listing 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 6,999,900. 6700 Steeple Chase (29874194)

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Neighbourhood Name
Sooke Vill Core
Title
Freehold
Land Size
2.72 ac
Annual Property Taxes
$16,279.12
Total Parking Spaces
66
Time on REALTOR.ca
91 days

Building

Building Features
Features
Acreage
Total Units
33
Parking
Total Parking Spaces
66

Measurements

Exterior Building Size
8000 sqft

Land

Other Property Information
Zoning Type
Unknown
Data provided by: Victoria Real Estate Board
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