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This 0 bedroom, 0 bathroom multi family is listed for sale at $5,990,000 in Sooke, British Columbia. Lot size: 118,483 sq ft (2.72 acres).MLS® #1027991.
Great Opportunity on this fully serviced Zoned & Approved Townhouse Site. Paved roads, 2 entrances, infrastructure & servicing are all in. This is the best location imaginable in Sooke's Core, steps to Schools, Sports, Recreation & all Amenities.
33-unit townhouse site that can be a phased development with Quick turnaround potential, as Development Permit has been approved. Someone might get a proposed change to the Development Permit for the existing units? Or build what’s there.
The sellers have already paid landscape bond of $238,131.30, $12,000 landscape fees, $40,000 building deposits, $102,000 building permit fees for 8 units, 4 of the units are at the lockup stage. With an additional investment of approx $800,000, the project could potentially generate around $3 mill in quick sales—one of the key advantages of this development is Buyer getting a fast return on their investment.
Looking for homes for sale in Sooke? Browse Sooke real estate listings,commercial sale properties, and Vancouver Island homes on IslandSold.com. Located in the Sk Sooke Vill Core neighborhood. Part of the Sooke area.
Property Type
Multi Family
Lot Size
118,483 sq ft(2.72 acres)
Bedrooms
0
Bathrooms
0
Area
Sooke
Neighborhood
Sooke Vill Core
Listed
Mar 4, 2026
MLS® Number
#1027991
View comprehensive market analysis for Lot 17 Steeple Chase including recent sales, pricing trends, and days on market statistics. Compare this property with other homes on the same street to better understand the local market.
View Lot 17 Steeple Chase Market ReportGreat Opportunity on this fully serviced Zoned & Approved Townhouse Site. Paved roads, 2 entrances, infrastructure & servicing are all in. This is the best location imaginable in Sooke's Core, steps to Schools, Sports, Recreation & all Amenities.
33-unit townhouse site that can be a phased development with Quick turnaround potential, as Development Permit has been approved. Someone might get a proposed change to the Development Permit for the existing units? Or build what’s there.
The sellers have already paid landscape bond of $238,131.30, $12,000 landscape fees, $40,000 building deposits, $102,000 building permit fees for 8 units, 4 of the units are at the lockup stage. With an additional investment of approx $800,000, the project could potentially generate around $3 mill in quick sales—one of the key advantages of this development is Buyer getting a fast return on their investment.

Dallas King
Personal Real Estate Corporation
RE/MAX Generation
Discover more properties and explore the Sooke community, including the Sooke Vill Core neighborhood.
Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$31,450
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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