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992 Gorge Rd W 1.75 Acres of Commercial Land Offered at $10,500,000 CAD in Saanich, BC V9A 2R2
Executive Summary
Colliers is pleased to present the opportunity to acquire a rare and strategically located 1.75-acre development site in the Municipality of Saanich. The rezoning and Development Permit (DP) has received third reading approval for a 58-unit townhouse development. Offers can be made subject to adoption of zoning bylaw and ratification of DP.
The proposed townhome development aims to provide the much-needed ground-oriented housing forms to the Gorge-Tillicum neighbourhood, offering an alternative to the traditional single-family home to a greater range of families and individuals.
The proposed townhome development aims to provide the much-needed ground-oriented housing forms to the Gorge-Tillicum neighbourhood, offering an alternative to the traditional single-family home to a greater range of families and individuals.
Property Facts
| Price | $10,500,000 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 1.75 AC |
| Zoning | CD-11GR - Comprehensive Development Gorge Rockwell Zone | ||
| Price | $10,500,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.75 AC |
| Zoning | CD-11GR - Comprehensive Development Gorge Rockwell Zone |
1 Lot Available
Lot
| Price | $10,500,000 CAD | Lot Size | 1.75 AC |
| Price Per AC | $6,000,000.00 CAD |
| Price | $10,500,000 CAD |
| Price Per AC | $6,000,000.00 CAD |
| Lot Size | 1.75 AC |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
70/100
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992 Gorge Rd W
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