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Commercial Sale

$5,990,000
17 Steeple Chase, Sooke, BC

Address

17 Steeple Chase, Sooke, BC

Price

$5,990,000

Property Description

Great Opportunity on this fully serviced Zoned & Approved Townhouse Site. Paved roads, 2 entrances, infrastructure & servicing are all in. This is the best location imaginable in Sooke's Core, steps to Schools, Sports, Recreation & 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, $12,000 landscape fees, $40,000 building deposits, $102,000 building permit fees for 8 units, 4 of the units are at the lockup stage. With an additional investment of approx $800,000, the project could potentially generate around $3 mill in quick sales—one of the key advantages of this development is Buyer getting a fast return on their investment.

Interested in this property?

Contact Scott Parker Personal Real Estate Corporation for more information

Property Details

MLS® Number: 1027991
Property Type: Commercial Sale
Property Subtype: Multi Family
Status: Active
Lot Size: 2.72 acres
Area: Sooke - Sk Sooke Vill Core
Annual Tax: $16,279 (2025)
Days on Market: 51 days

Additional Property Details

Building Type: Multi-Family

Property Features & Amenities

Features: Acreage

Parking & Land Details

Parking Spaces: 66
Land Size: 2.72 ac
Acreage: true

Landscape & Property Information

Irregular Land Size: 2.72
Ownership Type: Freehold
Transaction Type: For sale

MLS® Number

1027991

Property Location

17 Steeple Chase, Sooke, BC

Listed by Maxxam Realty Ltd.

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