1217-1221 Carlisle Ave, Victoria, BC V9A 5C7

$3,800,000
List Price
$3,800,000
Status
CURRENT
MLS® #
416281
Price Change
▼ $600,000 1570586710
Property Type
Commercial
Title
Freehold
Acres
0.45
Lot Size
19,500
District
Esquimalt
Neighbourhood
Es Esquimalt

Property Description

- LAND ASSEMBLY OPPORTUNITY - 3 LOT ASSEMBLY $3.8M - Extremely rare development opportunity that will permit medium residential multi family, in accordance with the current OCP designation. Three lots with a total of 19,500 sq ft Proposed FSR of 2.0 providing for a 40,000 sq. ft. condo development up to 6 story's ( preliminary discussions with planning , indicated FAR possibly going higher with approved amenity bonusing). In addition to this 3 lot offering, there is also an opportunity to purchase 2 adjacent lots on Lyall (at additional cost), providing two street access. This would give the buyer the potential to build up to 65,000 Sq ft. This assembly is directly across the street from the highly anticipated Esquimalt Town Square (by Aragon properties) and is central to every amenity in the rejuvenating core of the Township of Esquimalt. Will consider offers subject to rezoning.

Additional Information

Taxes
$10,012

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Newport Realty Ltd.

“NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. This website may only be used by consumers for the purpose of locating and purchasing real estate. By registering on this website I/We consent to the collection, use and disclosure of personal information as described in our privacy policy.