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2103 Townsend Rd 0.35 Acres of Commercial Land Offered at $1,050,000 CAD in Sooke, BC V9Z 0H3

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INVESTMENT HIGHLIGHTS

  • Prime redevelopment site in Sooke’s town core
  • Concept plans for 15-unit apartment building
  • Steps to shopping, parks, and Sooke Harbour
  • RM-5 zoning supports up to six storeys
  • Holding income from existing residence

EXECUTIVE SUMMARY

Recently rezoned to RM-5, the zoning and OCP designation both support higher density development, making the property ideally positioned for redevelopment. With new housing and commercial projects emerging all around Townsend Road, this property sits in the path of progress, just steps to shopping plazas, restaurants, parks, transit, and the Sooke Harbou

PROPERTY FACTS

Price $1,050,000 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Apartment Units - Condo
Total Lot Size 0.35 AC
Zoning RM-5 - Town Centre Apartment

1 LOT AVAILABLE

Lot

Price $1,050,000 CAD
Price Per AC $3,000,000.00 CAD
Lot Size 0.35 AC

Zoned Multi-Family Site in Sooke’s Downtown Core with Holding Income

DESCRIPTION

Strategically located in the vibrant Sooke town core, this 15,246 sq ft property offers outstanding redevelopment potential in one of Vancouver Island’s fastest-growing seaside communities. The site is one block north of the Village Core and benefits from paved roads and sidewalks, backing on to park land and the library. The property is currently improved with a rancher style single family dwelling. Recent improvements include a new roof three years ago, two year old heat pump and upgrades to the electrical and plumbing. There is a tenant in place which provides holding income as site redevelopment is advanced with the municipality

  • Listing ID: 38919535

  • Date on Market: 2025-12-29

  • Last Updated:

  • Address: 2103 Townsend Rd, Sooke, BC V9Z 0H3

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