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- LoopNet Team
2403 Sooke Rd
Victoria, BC V9B 1X9
Land For Sale
·
4.01 AC
INVESTMENT HIGHLIGHTS
- Re-zoned multi-family rental development sites offering scale and the opportunity to phase in building development.
- Sites will be sold with three (3) separate legal parcels providing flexibility for phased development and financing
- No inclusionary housing requirements permitting all market rental.
PROPERTY FACTS
| Property Type | Land | Proposed Use | Multifamily |
| Property Subtype | Residential | Total Lot Size | 4.01 AC |
| Zoning | CD 36 | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 4.01 AC |
| Zoning | CD 36 |
DESCRIPTION
The property occupies the pivotal south-west corner of Sooke Road and Veterans Memorial Parkway in the City of Colwood in Greater Victoria’s Westshore Region which is among the fastest growing communities in Canada. The subject abuts onto Allandale Centre, featuring a variety of retail tenants including McDonalds, Cascadia Liquor store, Popeye’s Chicken, a Veterinary Clinic and Dominos Pizza. The new surrounding commercial developments create a built in tenant base for the subject property. In addition, the Property is also in close proximity to the regional shopping centres of Belmont Centre and Westshore Town Centre, in adjacent Langford, which offer national brand super markets, pharmacy, restaurants, and retail shops to meet the rest of resident’s needs.
