Address
7013 East Saanich Rd, Central Saanich, BC
Price
$ 4,399,000
Property Attributes
  • ID#951607
  • TypeCommercial
  • CityCentral Saanich
  • AreaCentral Saanich
  • NeighbourhoodCS Keating
  • Postal CodeV8M 1Y3
  • StyleMulti Family
  • Year Built2000
  • Taxes$ 8070
  • Price$ 4,399,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8317
  • Lot Size6,970 SqFt
Data Source:
Victoria Real Estate Board (VREB)
Property Description

This private care home presents a prime investment opportunity with development permit in place for significant expansion. The existing 19-unit facility has recently undergone extensive renovations, offering a modern & well-equipped space for residents. The 8,300 sq ft, 3-story building includes a commercial-grade kitchen, staff rooms, administrative offices, dining & common areas +19 units w/ ensuites. The adjoining unimproved lot for sale at 7005 East Saanich has a Development Permit in place to significantly expand the capacity of the care home for a 17,000+ sqft new building comprised of 68 more beds. The location is strategically positioned to meet the growing demand for senior care in this community with proximity to Sidney, one of North America's most desirable retirement communities. This offering is an ideal investment for larger corporations looking to expand operations on Southern Vancouver Island. Do not approach staff/tenants or tour site without listing agent present.

General Features

Heating Baseboard,Electric
Zoning RP1 Res. Intitutional
Business Type Health Services
Property SubType Multi Family
Property Type Commercial Sale
Construction Materials Concrete,Frame Wood,Stucco
Commercial Area Peninsula
Commercial Listing Type Building,Business,Land

Interior Features

Total Units 1
Number Of Units In Community 1
Number Of Units In Building 19

Exterior Features

Foundation Poured Concrete
Building Area Total 8317.00
Lot Size Square Feet 7063.00
Lot Size Acres 0.16
Parking Onsite YN Yes

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in V8M 1Y3

Price
AVG $3.65M
$4.4M
Taxes
AVG $6,542
$8,070
Visits
AVG 87
63
Data Provided by Inside Real Estate®
Year Built
AVG 2000
2000

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