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
Address
4580 Elk Lake Dr
List Price
$2,015,000
Property Type
Residential
Type of Dwelling
Triplex
Area
Saanich West
Sub-Area
SW Royal Oak
Bedrooms
6
Bathrooms
4
Floor Area
3,204 Sq. Ft.
Lot Size
9307 Sq. Ft.
Lot Size (Acres)
0.21 Ac.
Year Built
1986
MLS® Number
968573
Listing Brokerage
RE/MAX Generation
Basement Area
None
Postal Code
V8Z 5M1
Tax Amount
$4,669.74
Tax Year
2023
Features
Baseboard, Bay Window(s), Blinds, Carpet, Ceiling Fan(s), Dining Room, Dishwasher, Dryer, Eating Area, Electric, Insulated Windows, Laminate, Linoleum, Oven/Range Electric, Range Hood, Refrigerator, Washer, Window Coverings, Workshop
Amenities
Balcony/Patio, Central Location, Corner Lot, Easy Access, Family-Oriented Neighbourhood, Fencing: Partial, Landscaped, Level, Private, Quiet Area, Recreation Nearby, Rectangular Lot, Shopping Nearby, Sidewalk
