4026 Quadra St, Saanich, BC

$33,000,000

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86,723

Square feet

2.01

Acres

About 4026 Quadra St

Attention DEVELOPERS!! Very rare opportunity to purchase 2.01 acres of ideally located re-development land. Current use is a near 100% rented 87 unit apartment building built in 1977 with a site coverage ratio of 26%. The apartment consists of 11 one bed, 6 studio, 3 three bed, 1 two bed + Den and 66 two bed units. The subject property is designated as part of a Neighborhood Centre under Saanich’s OCP. The District of Saanich OCP supports the following building types and land uses in Major and Neighborhood “Centers”: High Rise (up to 18 storeys) Townhouse (up to 3 storeys), Low-rise residential (up to 4 storeys), Mid-rise residential (up to 8 storeys), Live/work studios & Office (up to 8 storeys), Civic and institutional (generally up to 8 storeys) and Commercial and Mixed-Use (generally up to 8 storeys). Buyer to verify the potential land use with Saanich prior to writing an offer. Financials only provided as a condition of an accepted offer.

Features of 4026 Quadra St

MLS® # 954096
Price $33,000,000
Bathrooms 0.00
Square Footage 86,723
Acres 2.01
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 4026 Quadra St
Area SE Lake Hill
City Saanich
County Capital Regional District
Province BC
Postal Code V9X 4E3

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

Additional Information

Days on Market 57
Zoning RA-3

Listing Details

OfficeFair Realty

Listing Map

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