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4580 Elk Lake Dr, Saanich
Saanich
Single Family
$2,015,000
For sale
6 BEDS
4 BATHS
3204 sqft
REQUEST DETAILS
Description
LAND ASSEMBLY ADJACENT TO THE BC TRANSIT - ROYAL OAK BUS EXCHANGE. 4580 ELK LAKE DRIVE + 521 NORMANDY ROAD = 16,682 SQ FT / 0.383 ACRES. THE SITE BORDERS ROAYL OAK DR / ELK LAKE DRIVE / NORMANDY RD. IT IS JUST STEPS AWAY FROM THE BUS EXCHANGE + COMMONWEALTH PLACE AND THE BROADMEAD VILLAGE SHOPPING PLAZA ARE CLOSE BY. THIS SITE IS BEING SOLD FOR DEVELOPMENT POTENTIAL DUE TO BILL 47 SUGGESTING 3.5 (FAR) MID RISE BLD UP TO 10 STOREYS. THERE IS THE ADDED BENEFIT OF COLLECTING RENTAL REVENUE IN THE INTERIM DURING THE REDEVELOPMENT STAGES. AN EXCELLENT LOCATION FOR THE CREATION OF MUCH NEEDED AFFORDABLE HOUSING IN VICTORIA. COMBINED PRICE OF: $3.6M
General Info
968573
4
6
1986
Baseboard heaters
9307 sqft
None
Amenities/Features
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Purchase Amount
$ 2,015,000
Down Payment
Interest Rate
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