4580 Elk Lake Dr

Triplex For Sale in SW Royal Oak, Saanich West

$2,015,000
  • 6 Beds
  • 4 Baths
  • 3,204 Sq. Ft.
  • Built 1986
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
Address 4580 Elk Lake Dr
List Price $2,015,000
Property Type Residential
Type of Dwelling Triplex
Area Saanich West
Sub-Area SW Royal Oak
Bedrooms 6
Bathrooms 4
Floor Area 3,204 Sq. Ft.
Lot Size 9307 Sq. Ft.
Year Built 1986
MLS® Number 968573
Listing Brokerage RE/MAX Generation
Basement Area None
Postal Code V8Z 5M1
Tax Amount $4,670
Tax Year 2023
Features Baseboard, Bay Window(s), Blinds, Carpet, Ceiling Fan(s), Dining Room, Dishwasher, Dryer, Eating Area, Electric, Insulated Windows, Laminate, Linoleum, Oven/Range Electric, Range Hood, Refrigerator, Washer, Window Coverings, Workshop
Amenities Balcony/Patio, Central Location, Corner Lot, Easy Access, Family-Oriented Neighbourhood, Fencing: Partial, Landscaped, Level, Private, Quiet Area, Recreation Nearby, Rectangular Lot, Shopping Nearby, Sidewalk

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