1140- 1148 Esquimalt Rd, Esquimalt | $3,400,000

Development opportunity! Located in the heart of Esquimalt across the street from The Archie Browning Sports Centre, 1140 & 1148 Esquimalt Road represent an exciting opportunity for redevelopment in the growing Esquimalt Town Centre neighbourhood! These properties offer a rare combination of immediately rentable suites in an area with high demand while being located in an area where the Official Community Plan proposes Medium Density Residential Development. The new Small-Scale Mulit-Family Housing guidelines allows for 4 dwelling on each property. The properties are south facing with mountain views visible from the top suites and are surrounded by amenities and recreational opportunities. This is a chance to build a lasting legacy, all that is needed is to bring your ideas and offers to the table!

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Description

Development opportunity! Located in the heart of Esquimalt across the street from The Archie Browning Sports Centre, 1140 & 1148 Esquimalt Road represent an exciting opportunity for redevelopment in the growing Esquimalt Town Centre neighbourhood! These properties offer a rare combination of immediately rentable suites in an area with high demand while being located in an area where the Official Community Plan proposes Medium Density Residential Development. The new Small-Scale Mulit-Family Housing guidelines allows for 4 dwelling on each property. The properties are south facing with mountain views visible from the top suites and are surrounded by amenities and recreational opportunities. This is a chance to build a lasting legacy, all that is needed is to bring your ideas and offers to the table!

General Info

MLS Listing ID: 985073 Bedrooms: 0 Bathrooms: 0 Year Built: 1957
Parking: N/A Heating: N/A Lotsize: 15640 sqft Air Conditioning : N/A

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .