10990 Madrona Dr North Saanich, British Columbia V8L 5R7
$4,999,000
High quality income producing property that includes moorage and commercial rental income. Exceptional well maintained marina with two titled lots and a long-term foreshore lease. Extensive (high quality) renovations have made this marina a stand out. The property has an approx. 4,000 sq. ft, commercial building that contains commercial office space and one residential unit. Moorage is approximately 1,610 lineal feet with little to no vacancy over the past several years. Deep Cove Marina N. Saanich is minutes away from the Victoria International Airport, BC Ferries (Swartz Bay), Sidney and only 34km to Victoria. Moorage space on Vancouver Island is in high demand and space is very limited making this a secure long term investment. Offering is an Asset Sale based on a cost approach to valuation. All sizes are approximate and should be verified independently. Qualified buyer's - NDA required. DO NOT TOUR SITE WITHOUT BOOKING AN APPOINTMENT. (id:29647)
Business
| Business Type | Other, Recreation |
| Business Sub Type | Other, Marina |
| Name | Deep Cove Marina |
Property Details
| MLS® Number | 997131 |
| Property Type | Other |
| Neigbourhood | Deep Cove |
| Features | Other, Marine Oriented, Moorage |
| View Type | Mountain View, Ocean View |
| Water Front Type | Waterfront On Ocean |
Building
| Fireplace Present | No |
| Heating Fuel | Other |
| Size Exterior | 4078 Sqft |
| Type | Other |
Land
| Acreage | Yes |
| Size Irregular | 1.53 |
| Size Total | 1.53 Ac |
| Size Total Text | 1.53 Ac |
| Zoning Description | M-4 (commercial Marina 2) |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/28252088/10990-madrona-dr-north-saanich-deep-cove
3194 Douglas St
Victoria, British Columbia V8Z 3K6
(250) 383-1500
(250) 383-1533
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Victoria Real Estate Board
Coldwell Banker Oceanside Real Estate
May 02 2025 07:41:35
