FOR SALE - 2350/2356 Sooke Road

Opportunity to acquire a zoned 6-storey (83 residential units + 1 commercial) mixed-use development site in Colwood, BC. The property comprises two adjoining parcels of land totaling 34,821 SF at the high-profile intersection of Sooke Road and Veterans Memorial Parkway.

Site specific CD-33 zoning permits development of a six-storey building up to 2.5 FAR. A development permit application is ready for submission, proposing 82 residential units (strata or rental) and 916 SF of ground-floor commercial space. A well-balanced unit mix features units ranging from 607 SF to 1,063 SF, with an average of 840 SF. A three-level partially exposed parkade provides 147 vehicle stalls, along with bicycle stalls and storage / mechanical rooms. Alternatively, with site specific zoning already in place a developer may opt to alter the plans.

**2346 Sooke Rd (23,000 SF) also available for sale for to total of approximately 58,000 SF of land

Asking Price: $3,850,000 ($44/BSF or $110/SF of land)