Penny Mcfarlane Real Estate

6881 Galaxie Dr. (1.45 acres) $974,900.
1923 S. Maple Ave (.52 acre) $439,900.
1919 S. Maple Ave (.49 acre) $319,900.

Three Lots For Sale

RM3 Zoned Development Property. Located in an up and coming area in the thriving community of Sooke. This fully serviced, easy to build on site is just a short stroll to the ocean or town.

The several development possibilities include:

Apartments
Townhouses
Assisted Living Facility
Community Care Facility
Home based business' permitted

There are 3 homes on the property (only one of real value that can be nicely incorporated into a new development plan) with the combined gross monthly income potential of $3000 +/-

RM-3 Zoning

Maximum Height Principal Buildings and Structures - 20m
Maximum Height Accessory Buildings and Structures - 9m
Maximum Lot Coverage - 45%
Maximum Density - 50 dwelling units/ha
Density Bonus - Where 80% or more of the required off-street parking spaces are provided underground or concealed within the building, the maximum number of multi-family residential units may increase by 10 units per ha. The height may be increased by one storey and the lot coverage by 5%.