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Royal Oak
4580 Elk Lake Dr
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4580 Elk Lake Dr $2,015,000
$2,015,000
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4580 Elk Lake Dr
Saanich, British Columbia V8Z5M1

MLS® Number: 968573
6
Bedrooms
4
Bathrooms
3204
Square Feet

Listing Description

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 (28056991)

Property Summary

Property Type
Single Family
Building Type
Triplex
Square Footage
3204 sqft
Neighbourhood Name
Royal Oak
Title
Freehold
Land Size
9307 sqft
Built in
1986
Annual Property Taxes
$4,669.74
Total Parking Spaces
6
Time on REALTOR.ca
96 days

Price and Sale History

Date Status Price
Sep 30, 2019 Sale Closed $995,000

Building

Bathrooms
Total
4
Building Features
Features
Central location, Level lot, Private setting, Corner Site, Other, Rectangular
Total Units
3
Heating & Cooling
Cooling
None
Fireplace
1
Heating Type
Baseboard heaters, (Electric)
Parking
Total Parking Spaces
6

Measurements

Square Footage
3204 sqft
Total Finished Area
3204 sqft

Rooms

MetricImperial
Main level
Storage
Family room
Bathroom
Entrance
Laundry room
Laundry room
Kitchen
Bedroom
Living room
Entrance
Laundry room
Kitchen
Bathroom
Living room
Bedroom
Bedroom
Bathroom
Bedroom
Bedroom
Bathroom
Kitchen
Bedroom
Dining room
Living room

Land

Other Property Information
Access
Road access
Zoning Description
RT-3
Zoning Type
Multi-Family
Data provided by: Victoria Real Estate Board 3035 Nanaimo Street, Victoria, British Columbia V8T 4W2
250-386-8875
REALTOR® Website
Email
Book showing
RE/MAX Generation
202-3440 Douglas St
Victoria, British Columbia V8Z3L5
250-386-8875

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