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. The current OCP supports the development of 47 units. 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!
Address
Lot 1 Maple Ave S
List Price
$4,500,000
Property Type
Commercial Sale
Type of Dwelling
Multi Family
Area
Sooke
Sub-Area
Sk West Coast Rd
Lot Size
102366 Sq. Ft.
Lot Size (Acres)
2.35 Ac.
MLS® Number
1001863
Listing Brokerage
Maxxam Realty Ltd.
Postal Code
V9Z 0N8
Tax Amount
$1.00
Tax Year
2025
Amenities
Acreage, Central Location, Cleared, Easy Access, Level, See Remarks