SOLD (14/03/2020)

114 W Gorge Rd

Unimproved Land in SW Gorge,

$1,650,000
Development Site on the Victoria / Saanich border in the desirable Gorge Neighbourhood adjacent 11 Acre Gorge Waterfront Park and just a 5-minute drive outside of Downtown Victoria. This 18,944 square foot property is on the corner of Gorge Road West and Earl Grey St, the site has been cleared, RA-3 Apartment Zoning, a lot of expensive site prep is done, Good Walk Score of 70, Saanich has approved a 24 Unit / 22,800 sq/ft Condo project at this location and as an added bonus the Development Cost Charges of $67,187 have already been paid for the 24 residential units. This is an excellent opportunity for an experienced developer who is wanting a Build Ready Site, truly a unique offering.
Address 114 W Gorge Rd
List Price $1,650,000
Sold Date 14/03/2020
Type of Dwelling Unimproved Land
Sub-Area SW Gorge
Lot Size 18987 Sq. Ft.
MLS® Number 412363
Listing Brokerage RE/MAX Alliance
Postal Code V9A 1L8
Tax Amount $10,682
Tax Year 2018