Lot 17 Steeple Chase

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 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, 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 5,990,000. 6700 Steeple Chase (id:63159)

Property Details

Annual property tax

$16,279.12

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.