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$4,500,000

Sooke BC, V9Z 0N8

MLS® # 1001863

Property Information:

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!

Property Features:

  • Annual Tax Amount: $1
  • Lot Features: Acreage, Central Location, Cleared, Easy Access, Level, See Remarks
  • Lot Frontage: 102366 Square Feet
  • Lot Size: 2.35 Acres
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Multi Family
  • Water Source: Municipal
  • Sewer: Sewer To Lot

Courtesy of: Maxxam Realty Ltd.

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of Lot 1 Maple Ave SOUTH, Sooke, BC, V9Z 0N8

Demographic Information of Lot 1 Maple Ave SOUTH, Sooke, BC, V9Z 0N8

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$107,609.20

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.39 %

High school certificate or equivalent

41.89 %

Apprenticeship trade certificate/diploma

10.75 %

College/non-university certificate

20.21 %

University Degree

9.76 %

Commuter

Travel To Work

By Car

86.4 %

By Public Transit

7.18 %

By Walking

2.83 %

By Bicycle

0.0 %

By Other Methods

3.59 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

15.88 %

Houses

84.12 %

Own Vs. Rent