2.35 acres of Prime development opportunity in the heart of Sooke. This centrally located RM2-zoned property is offered for sale with significant density potential & supporting documentation in place. The current OCP supports the development of 47 units. Structures have been removed; the site is ready for development (not excavated). Development Permit Submitted: Mar 2025 for a 47-unit condo development. The design Concept consists of 8 buildings, 6 units per building (1 building includes a flex space for gym or storage). The draft OCP allows up to 65 units, with the site plan designed to accommodate 3 additional buildings. Meetings held with the District of Sooke with verbal support received for current DP submission. This project offers multiple build-out strategies depending on your investment goals, the project could proceed as strata-titled condos for sale or as CMHC rental units with stratified buildings. Call for your full package today!
Data was last updated June 1, 2025 at 02:05 PM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$1,399,900
Min list price:
$219,000
Max list price:
$4,900,000
Avg days on market:
70
Min days on market:
2
Max days on market:
233
Avg price per sq.ft.:
$500.71
These statistics are generated based on the current listing's property type
and located in
Sk West Coast Rd. Average values are
derived using median calculations.