$5,990,000
Lot 17 Steeple Chase, Sooke BC V9Z 0W3, Sooke
$5,990,000
Lot 17 Steeple Chase, Sooke BC V9Z 0W3, Sooke
- Type
- Multi Family
- MLS® Number
- 1027991
Great Opportunity on this fully serviced Zoned & Approved Townhouse Site. Paved roads, 2 entrances, infrastructure & servicing are all in. This is the best location imaginable in Sooke's Core, steps to Schools, Sports, Recreation & 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, 4 of the units are at the lockup stage. With an additional investment of approx $800,000, the project could potentially generate around $3 mill in quick sales—one of the key advantages of this development is Buyer getting a fast return on their investment.
Listed by Maxxam Realty Ltd.
Listing data via VIVA, the MLS® System of the Victoria and Vancouver Island Real Estate Boards; courtesy of Maxxam Realty Ltd..
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