$4,500,000

Vacant Land For Sale In Sooke, British Columbia

$4,500,000

Property Information:

2.35 acres of Prime development opportunity in the heart of Sooke. This centrally located RM2-zoned property is offered for sale with significant density potential & supporting documentation in place. The current OCP supports the development of 47 units. Structures have been removed; the site is ready for development (not excavated). Development Permit Submitted: Mar 2025 for a 47-unit condo development. The design Concept consists of 8 buildings, 6 units per building (1 building includes a flex space for gym or storage). The draft OCP allows up to 65 units, with the site plan designed to accommodate 3 additional buildings. Meetings held with the District of Sooke with verbal support received for current DP submission. This project offers multiple build-out strategies depending on your investment goals, the project could proceed as strata-titled condos for sale or as CMHC rental units with stratified buildings. Call for your full package today!

Property Features:

  • Bedrooms: 0
  • Bathrooms: 0
  • Annual Tax Amount: $1
  • Basement: Other
  • Construction Materials: See Remarks
  • Cooling: Other
  • Foundation Details: Other
  • Heating: Other
  • Laundry Features: In Unit, Other
  • Lot Frontage: 102366 Square Feet
  • Lot Size: 2.35 Acres
  • Ownership: Freehold
  • Parking Features: Additional Parking
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Land Value Only
  • Property Sub Type: Land
  • Water Source: Municipal
  • Zoning Description: Multi-Family
  • Sewer: Sewer To Lot
  • No. of Parking Spaces: 70

Courtesy of: Maxxam Realty Ltd.

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