4580 Elk Lake Dr | $2,015,000
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P. (250) 382-6636
 Phone http://www.thecondogroup.com/
Island Realm Real Estate
502a Pembroke St
 Victoria, BC
 Canada V8Z 4H7

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Address 4580 Elk Lake Dr
AreaSaanich West
Sub AreaRoyal Oak
State/ProvinceBritish Columbia
CountryCanada
Price$2,015,000
Property TypeTriplex
Bedrooms6
Bathrooms4
Floor Space3204 Square Feet
Lot Size9307.00 Square Feet
WaterfrontNo
Year Built1986
Taxes $4,669
Tax Year2023
MLS® #968573

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

Listed by RE/MAX GENERATION

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Data Source: Statistics Canada
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