Lot 1 Maple Ave S

Description

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. 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! (id:63159)

Property Details

Annual property tax

$1

Brokerage

Maxxam Realty Ltd.

Location Insights

Population

15,086

(2021 Census)

+16% since 2016

Density

266.5/km²

Dwellings

6,431

Median household income

$90,000

After-tax

$79,500

Immigrant population

11.7%

Top countries of origin

• United Kingdom4.1% · 620
• United States of America1.5% · 230
• Germany0.8% · 120
• Philippines0.7% · 110
• Netherlands0.5% · 80
• China0.2% · 35
• Poland0.2% · 30
• Mexico0.2% · 25

Source: Statistics Canada, 2021 Census of Population.

Weather

Nearest station: Malahat

20°C

Mostly Cloudy

Humidity 62%

Wind ENE 13 km/h

Today

21°

Tonight

12°

Thursday

19°

Thursday night

12°

Friday

16°

Friday night

11°

Source: Environment and Climate Change Canada.