4580 Elk Lake Dr, Saanich

2024-06-25
 

Quick Summary

Location
4580 Elk Lake Dr, Saanich, British Columbia V8Z5M1
Price
$2,015,000 CAD
Status:
For Sale
Property Type:
Single Family
Area:
3204ft2
Bedrooms:
6
Bathrooms:
4
Year of Construction:
1986

MLS®#968573

Property 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 (id:32467)

Property Features

Building

  • Cooling Type: None
  • Fireplace: Yes
  • Interior Size: 3204 sqft
  • Building Type: Triplex

Features

  • Feature: Central location, Level lot, Private setting, Corner Site, Other, Rectangular

Land

  • Land Size: 9307 sqft

Ownership

  • Type: Freehold

Zoning

  • Description: RT-3

Information entered by RE/MAX Generation
Listing information last updated on: 2024-10-01 01:15:35


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