Lots 1-4 West Saanich Road, Royal Oak Saanich
Price
$25,000,000
BedroomsNot listed
BathroomsNot listed
SizeNot listed
Year BuiltNot listed
Property TypeDetached Home
Property TaxesNot listed
Description
For more information, please click Brochure button. Excellent mixed-use development opportunity - 4500 block east of West Saanich Road in Victoria, BC. Situated directly across from Royal Oak Shopping Centre and just minutes from Broadmead Village, this +/- 2.7 acre vacant development site, consisting of four parcels, offers exceptional visibility with prominent frontage on both West Saanich Road and the Patricia Bay Highway. Its central location provides excellent access to retail, dining, and everyday conveniences, as well as close proximity to a regional transit exchange, parks, walking trails, Saanich Commonwealth Place, schools, and more. The property is ideally positioned for tourism, residential and commercial development. Currently zoned C-2, OCP Designation: Royal Oak Centre. Property not yet assessed. Some photos are examples and contain renderings. (id:39198)
Listed By
The listing brokerage and/or agent is
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Property Dimensions
The Property Location
Mortgage Calculator
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Total Monthly Payment
$89,809 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$20,000,000
Total Interest Payments
$12,331,218
Total Payment (Principal + Interest)
$32,331,218
Cashflow Calculator
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Monthly Cash Flow
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Comber Friesen Group
Realtors
Meet Alex & Georgia
Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.
Locations We Serve
Cowichan Valley
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
Westshore
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
Victoria
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Oak Bay
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
Saanich
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.