19
Lot 17 Steeple Chase
$7,500,000 Sale
Listed 15 hours ago
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· 0.0
· 66
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Key Facts
Key facts for Lot 17 Steeple Chase
Property Type
Apartment, Multi-Family
Parking
Garage: No, 66 parking
MLS #
1013873
Size
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Basement
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Listed on
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Lot size
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Tax
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Days on Market
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Year Built
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Maintenance Fee
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Description
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 dev...elopment 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 (id:10452)
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Listing courtesy of: Maxxam Realty Ltd.
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