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4580 Elk Lake Dr
Saanich
V8Z 5M1
$2,015,000
Residential
beds: 6
baths: 4.0
3,204 sq. ft.
built: 1986
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 968573
- Bedrooms:
- 6
- Bathrooms:
- 4
- Year Built:
- 1986
- Photos (12)
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LAND ASSEMBLY ADJACENT TO THE BC TRANSIT - ROYAL OAK BUS EXCHANGE. 4580 ELK LAKE DRIVE + 521 NORMANDY ROAD = 16,682 SQ FT / 0.383 ACRES. THE SITE BORDERS ROAYL OAK DR / ELK LAKE DRIVE / NORMANDY RD. IT IS JUST STEPS AWAY FROM THE BUS EXCHANGE + COMMONWEALTH PLACE AND THE BROADMEAD VILLAGE SHOPPING PLAZA ARE CLOSE BY. THIS SITE IS BEING SOLD FOR DEVELOPMENT POTENTIAL DUE TO BILL 47 SUGGESTING 3.5 (FAR) MID RISE BLD UP TO 10 STOREYS. THERE IS THE ADDED BENEFIT OF COLLECTING RENTAL REVENUE IN THE INTERIM DURING THE REDEVELOPMENT STAGES. AN EXCELLENT LOCATION FOR THE CREATION OF MUCH NEEDED AFFORDABLE HOUSING IN VICTORIA. COMBINED PRICE OF: $3.6M
- Property Type:
- Residential
- Type:
- Triplex
- Year built:
- 1986 (Age: 38)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 3,204 sq. ft.
- Main Building Living Area:
- 3,204 sq. ft.
- Listing General Location:
- SW Royal Oak, Saanich West
- Bedrooms:
- 6
- Bathrooms:
- 4.0 (Full:-/Half:-)
- Lot Size:
- 9,307.064 sq. ft.
- Kitchens:
- 3
- Taxes:
- Signup
- Construction:
- Frame Wood, Insulation: Ceiling, Insulation: Walls, Shingle-Wood, Stucco, Wood
- New Construction:
- No
- Basement:
- None
- Foundation:
- Concrete Perimeter, Slab
- Roof:
- Fibreglass Shingle
- Ceiling Heights:
- Signup
- Floor finish:
- Carpet, Laminate, Linoleum
- Total Building Area:
- 3,204 sq. ft.
- Total Unfinished Area:
- 0 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 6
- # Main Level Bedrooms:
- 6
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 0
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 4
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 0
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 3
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 0
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 0 sq. ft.
- Living Area Main Floor:
- 1,940 sq. ft.
- Living Area Other Floor:
- 458 sq. ft.
- Living Area 2nd Floor:
- 672 sq. ft.
- Living Area 3rd Floor:
- 592 sq. ft.
- Fireplaces:
- 1
- Fireplace Details:
- Living Room, Wood Burning
- Laundry Features:
- In Unit
- Water supply:
- Municipal
- Sewer:
- Sewer To Lot
- Additional Accommodations:
- Exists
- Cooling:
- None
- Heating:
- Baseboard, Electric
- Fireplace:
- Yes
- Pending Date:
- Signup
- Dishwasher, Dryer, Oven/Range Electric, Range Hood, Refrigerator, Washer
- Ceiling Fan(s), Dining Room, Eating Area, Workshop
- Bay Window(s), Blinds, Insulated Windows, Window Coverings
- Balcony/Patio, Fencing: Partial
- CORNER OF ELK LAKE DRIVE AND NORMANDY ROAD ADJACENT THE ROYAL OAK TRANSIT EXCHANGE.
- Main Level
- 0
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Floor
- Ensuite
- Pieces
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 4
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Property Condition:
- Resale
- Exposure / Faces:
- North
- Layout:
- Main Level Entry with Lower/Upper Lvl(s)
- Lot Site Features:
- Central Location, Corner Lot, Easy Access, Family-Oriented Neighbourhood, Landscaped, Level, Private, Quiet Area, Recreation Nearby, Rectangular Lot, Shopping Nearby, Sidewalk
- Attached Garage:
- Yes
- Carport Spaces:
- 0
- Garage Spaces:
- 2
- Garage:
- Yes
- Parking Features:
- Attached, Garage Double, Guest, RV Access/Parking
- Total Parking Spaces:
- 6
- Road Surface Type:
- Paved
- Common Parking Spaces:
- 0
- Rent Includes:
- Heat, Hot Water
- Total Units:
- Signup
- Date Listed:
- Jun 25, 2024
- Original Price:
- 2015000.0
-
LAND ASSEMBLY ADJACENT TO ROYAL OAK TRANSIT EXHANGE -
SITE AREA:= 16,682 SQ FT / 0.383 ACRES
-
4580 ELK LAKE DRIVE + 521 NORMANDY ROAD
-
TRANSIT EXCHANGE IS JUST STEPS AWAY
-
SITE PLAN
-
WALK SCORE OF 73
-
CLOSE TO THE BROADMEAD VILLAGE SHOPPING PLAZA
-
COMMONWEALTH PLACE IS 5 MIN WALK AWAY
-
DRONE PICTURE OF THE AREA
-
SUPER CENTRAL LOCATION
-
BILL 47 SUGGESTS 3.5 FAR / MID RISE UP TO 10 STOREYS
-
IDEAL AREA FOR THE DEVELOPMENT OF AFFORDABLE HOUSING
Listed by RE/MAX Generation
Data was last updated June 28, 2024 at 08:05 PM (UTC)
Area Statistics
- Listings on market:
- 44
- Avg list price:
- $849,450
- Min list price:
- $549,000
- Max list price:
- $2,015,000
- Avg days on market:
- 39
- Min days on market:
- 1
- Max days on market:
- 133
- Avg price per sq.ft.:
- $596.62
These statistics are generated based on the current listing's property type
and located in
SW Royal Oak. Average values are
derived using median calculations.
- Darren Day
- Day Team Realty Ltd
- 1 (250) 686-9222
- darren@dayteam.com
