Attention DEVELOPERS!! Very rare opportunity to purchase 2.01 acres of ideally located re-development land. 87 unit apartment building built in 1977 with a site coverage ratio of 26%. The apartment consists of 11 one bed, 6 studio, 3 three bed, 1 two bed + Den and 66 two bed units. The subject property is designated as part of a Centre under Saanich’s OCP 2024. The District of Saanich OCP supports the following building types and land uses in Major and Neighborhood “Centers”: Mixed-Use, Residential, Commercial, Recreation, Institutional/Mixed Institutional, Light Industrial, Recreation, Park, Public Utility. Up to 18-storeys considered where a Centre is located along two Primary Corridors as per policy 7.3.24 including McKenzie-Quadra. Building forms: High-rise buildings (select locations), Mid-rise buildings, Low-rise buildings, Townhouses, including stacked and row house forms. Buyer to verify the potential land use with Saanich prior to writing an offer. Financials only provided as a condition of an accepted offer. (id:29647)
MLS® Number | 954096 |
Property Type | Multi-family |
Neigbourhood | Lake Hill |
Plan | Vip30010 |
Fireplace Present | No |
Size Exterior | 86723 Sqft |
Type | Multi-family |
Acreage | Yes |
Size Irregular | 2.01 |
Size Total | 2.01 Ac |
Size Total Text | 2.01 Ac |
Zoning Description | Ra-3 |
Zoning Type | Unknown |
https://www.realtor.ca/real-estate/26541171/4026-quadra-st-saanich-lake-hill
(250) 480-3000
1 (866) 232-1101
www.fairrealty.com/
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