Lot 17 Steeple Chase, Sooke, British Columbia V9Z 0W3

Listed for:
$6,999,900
0 beds
0 baths
Listed 64 days ago
Multi-Family for rent: Lot 17 Steeple Chase, Sooke, British Columbia V9Z 0W3

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Learn more about this property
Listing provided by:
Maxxam Realty Ltd.
MLS® number:
1013873
Agent:
Shayne Fedosenko
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About

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 (id:27476)

Property Highlights

MLS® Number
1013873
Type
Multi-family
Ownership Type
Freehold
Land Size
2.72 ac
Parking Space Total
66

Building

Building Type
Multi-Family
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Location