$3,999,000

About this home

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:65958)

Subtype

Vacant Land

Lot size

2.35 acres

MLS#

1001818

Area

SOOKE

Mortgage estimate