4580 Elk Lake Dr
Elk Lake Dr, Sannich, Saanich, BC, V8Z 5M1
Quick Summary
Quick Summary
- Strategically located adjacent to BC Transit
- Sizeable land assembly of 16,682 sq ft
- Potential for mid-rise development up to 10 storeys
- Opportunity to generate rental income during redevelopment
- Convenient access to Commonwealth Place and Broadmead Village
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... Show More
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:54626)
Property Details
Size
Parking
Build
Heating & Cooling
Rooms
Storage
8′10″ x 18′5″
Family room
18′4″ x 18′8″
Bathroom
Bathroom
Entrance
6′2″ x 9′5″
Laundry room
5′1″ x 9′2″
Laundry room
4′6″ x 4′10″
Ownership Details
Ownership
Source
Listing Brokerage
Book A Private Showing
For Sale Nearby
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