Lot 17 Steeple Chase

Key facts

• Property type: Multi-family
• Transaction: For Sale
• Price: $5,990,000
• Interior size: 8,000 sqft
• Lot size: 2.72
• Parking: 66
• Listing key: 29435806

Listing overview

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. The sellers have already paid landscape bond of $238,131.30, class="container" id="details-container"2,000 landscape fees, $40,000 building deposits, class="container" id="details-container"02,000 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 o...