Building

  • Property Type Multifamily land
  • Land Size 15,246 SF
  • Zoning Designation RM-5 - Town Centre Apartment
  • Improvements 3 bedroom single family dwelling
  • Building Size 1196 Sf
  • Proposed Development 15 apartment units
  • Price $1,050,000

Overview

Strategically located in the vibrant Sooke town core, this 15,246 sq ft property offers outstanding redevelopment potential in one of Vancouver Island’s fastest-growing seaside communities. The site is one block north of the Village Core and benefits from paved roads and sidewalks, backing on to park land and the library.

The property is currently improved with a rancher style single family dwelling. Recent improvements include a new roof three years ago, two year old heat pump and upgrades to the electrical and plumbing. There is a tenant in place which provides holding income as site redevelopment is advanced with the municipality.

Recently rezoned to RM-5, the zoning and OCP designation both support higher density development, making the property ideally positioned for redevelopment. With new housing and commercial projects emerging all around Townsend Road, this property sits in the path of progress, just steps to shopping plazas, restaurants, parks, transit, and the Sooke Harbour.

Rezoning Application

Team

Dave Bornhold
Dave Bornhold
Personal Real Estate Corporation, Managing Broker, Senior Vice President
Avison Young
Amanda Neal
Amanda Neal
Personal Real Estate Corporation, Senior Vice President
Avison Young

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