Lot 17 Steeple Chase

Multi Family For Sale in Sk Sooke Vill Core, Sooke

$7,500,000
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 7.5 million. 6700 Steeple Chase
Address
Lot 17 Steeple Chase
List Price
$7,500,000
Property Type
Commercial Sale
Type of Dwelling
Multi Family
Transaction Type
Sale
Area
Sooke
Sub-Area
Sk Sooke Vill Core
Lot Size
118483.2 Sq. Ft.
Lot Size (Acres)
2.72 Ac.
MLS® Number
1013873
Listing Brokerage
Maxxam Realty Ltd.
Postal Code
V9Z 0W3
Tax Amount
$16,279.12
Tax Year
2025
Amenities
Acreage

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Devin Sorenson PREC

Macdonald Realty

Office: (250) 418-5565

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2411 Bevan Ave Sidney BC V8L 4M9