Prime investment opportunity with development permit in place to expand the headquarters of the neighbouring care home for sale at 7013 East Saanich Road for a combined asking price of $7,389,000. Zoned residential institutional RP-1 permits the expansion of the community care facility for 68 more beds & 17,000 square foot building. Alternative developments include residential two family, residential attached, or apartment over the 14,314 square foot lot. The location is strategically positioned to meet the growing demand for senior care in this community with proximity to Sidney, one of North America's most desirable retirement communities.***Do not approach staff/tenants or tour site without listing agent present***
| Address |
7005 East Saanich Rd |
| List Price |
$2,990,000 |
| Property Type |
Commercial Sale |
| Type of Dwelling |
Unimproved Land |
| Area |
Central Saanich |
| Sub-Area |
CS Island View |
| Lot Size |
14314 Sq. Ft. |
| MLS® Number |
954166 |
| Listing Brokerage |
Coldwell Banker Oceanside Real Estate
|
| Postal Code |
V8M 1Y3 |
| Tax Amount |
$6,531.00 |
| Tax Year |
2023 |
