4580 Elk Lake Drive

$2,015,000 | Royal Oak, Saanich West

4580 Elk Lake Drive, Royal Oak, Saanich West

About this Triplex

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

Interior Features Of 4580 Elk Lake, Royal Oak, Saanich West

Ceiling Fan(s), Dining Room, Eating Area, Workshop

Appliances Included:

Dishwasher, Dryer, Oven/Range Electric, Range Hood, Refrigerator, Washer

Exterior Features Of 4580 Elk Lake, Royal Oak, Saanich West

Balcony/Patio, Fencing: Partial

Lot Features Of 4580 Elk Lake, Royal Oak, Saanich West

Central Location, Corner Lot, Easy Access, Family-Oriented Neighbourhood, Landscaped, Level, Private, Quiet Area, Recreation Nearby, Rectangular Lot, Shopping Nearby, Sidewalk

Listed by RE/MAX Generation.

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Call us at 250.857.0609 or fill out the form below.





Features

  • MLS®: 968573
  • Type: Triplex
  • Bedrooms: 6
  • Bathrooms: 4
  • Square Feet: 3,204 sqft
  • Lot Size: 9,307 sqft
  • Taxes: $4,669 (2023)
  • Parking: 6 Attached, Garage Double, Guest, RV Access/Parking
  • Fireplaces: 1
  • Year Built: 1986