2.35 acres of Prime development opportunity in the heart of Sooke. This centrally located RM2-zoned property is offered for sale with significant density potential & supporting documentation in place. The current OCP supports the development of 47 units. Structures have been removed; the site is ready for development (not excavated). Development Permit Submitted: Mar 2025 for a 47-unit condo development. The design Concept consists of 8 buildings, 6 units per building (1 building includes a flex space for gym or storage). The draft OCP allows up to 65 units, with the site plan designed to accommodate 3 additional buildings. Meetings held with the District of Sooke with verbal support received for current DP submission. This project offers multiple build-out strategies depending on your investment goals, the project could proceed as strata-titled condos for sale or as CMHC rental units with stratified buildings. Call for your full package today!
Data was last updated June 11, 2025 at 08:05 AM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$1,449,999
Min list price:
$78,000
Max list price:
$13,899,999
Avg days on market:
67
Min days on market:
9
Max days on market:
499
These statistics are generated based on the current listing's property type
and located in
Sooke. Average values are
derived using median calculations.