Lot 1 Maple Ave S
Victoria · V9Z0N8
$3,999,000
About this residence
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. 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! (id:61366)
Property details
- Property type
- Multi-family
- Style
- Multi-Family
- Ownership
- Freehold
- Lot size
- 2.35
- Annual tax
- $1
- MLS®
- 1001863
- Board
- Victoria
- Status
- Active
- Listed
- May 31, 2025
- Updated
- May 20, 2026
Features & finishes
Lot
- Level lot
- See remarks
- Central location
- Acreage
- Other
- Partially cleared
Financing
Estimated monthly payment
$18,702/mo
Loan amount
$3,199,200
Down payment
$799,800
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Victoria
Nearby
About the area
Census · V9Z- 20,131
- Population
- 46
- Median age
- $89,000
- Median income
- $700,000
- Median home value
- 82%
- Home ownership
- 35 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for Lot 1 Maple Ave S?
Lot 1 Maple Ave S is listed for $3,999,000, in Victoria.
What type of home is Lot 1 Maple Ave S?
Lot 1 Maple Ave S is a Multi-family, Multi-Family.
How large is Lot 1 Maple Ave S?
The home offers a lot measuring 2.35.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $18,702. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $1 per year.
What is the Victoria area like?
Victoria has a population of about 20,131, a median age of 46, a 82% home-ownership rate, with an average commute of about 35 minutes.
What is the average home value in Victoria?
The median dwelling value in this area is approximately $700,000, based on census data via Neighbourly.
What is the median household income in Victoria?
The median household income in this area is approximately $89,000.
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Private viewings
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