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$ 4,600,000
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Active
970 McKenzie Ave Saanich, BC V8X 3G7
0.76 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 994304
Rental Info Unrestricted
Annual Tax Amount $14,697
Tax Year 2024
Lot Size 0.760 Acres
Acres 0.76
Property Sub-Type Unimproved Land
Property Description
FOR SALE BY COURT ORDER - Assembly at the corner of Saanich Road and McKenzie Avenue. The area is within walking distance to a diverse mix of commercial amenities at the corner of Quadra Street and McKenzie Avenue. The residential makeup in the area is predominantly single-family dwellings with medium density apartment and condominium units along McKenzie Avenue. This area is popular with renters as it benefits from the favorable bus routes directly to the University of Victoria along the McKenzie corridor, and its central suburban location makes for an easy commute to Victoria's downtown core, the Saanich Peninsula, and the Westshore.
The Subject property is identified in a primary growth area and is surrounded by recently approved and legacy multifamily properties. Saanich's current OCP speaks to mid-rise buildings of up to 12-storeys in this location. There is a current development permit application (unapproved) for an 8-storey building which equates to a 2.9:1 FAR.
The Subject property is identified in a primary growth area and is surrounded by recently approved and legacy multifamily properties. Saanich's current OCP speaks to mid-rise buildings of up to 12-storeys in this location. There is a current development permit application (unapproved) for an 8-storey building which equates to a 2.9:1 FAR.
Location
Province BC
County Capital Regional District
Area Se High Quadra
Zoning RS6 & RS10
Others
Ownership Freehold
Listed by AY Victoria Realty Ltd.