Excellent development property. Conditional approval for a 73 unit building plus 7000 Sq Ft of commercial. Prime location. The surrounding properties are quickly being built up with commercial, residential condos & apartments. Developments in the immediate area have rezoned for great density. Arterial street for high visibility, well served by bus, minutes from shopping. This is an opportunity to secure a level, broad parcel with all municipal services at the doorstep in an area earmarked for development. Building on site is considered to have little value, but has 4 suites, all occupied - DO NOT DISTURB OCCUPANTS. Must be purchased with neighboring 14,374 sqft property (2639 Sooke Rd). Total current rental revenue for all 4 units is $5,750. Rental revenue total for both properties combined is $9,650.
Layout Other
Lot features Pie Shaped Lot
Heating Baseboard, Electric
Roof Asphalt Shingle
Parking Spaces 10
Interior features Additional Accom.
Additional AccomodationExists
Parking Type Driveway
Laundry FeatureIn House
Taxes$4,360
Rentals Allowed Unrestricted
Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
Days on Market2