7013 East Saanich Rd
CS Keating Central Saanich V8M 1Y3

$4,399,000
Commercial Sale built: 2000

Main Photo: 7013 East Saanich Rd in Central Saanich: CS Keating Multi Family for sale : MLS®# 951607
Photo 1: 7013 East Saanich Rd in Central Saanich: CS Keating Multi Family for sale : MLS®# 951607
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
951607
Year Built:
2000
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.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Business, Land
Year built:
2000 (Age: 24)
Lease Type:
Sale of Assets, See Remarks
Listing General Location:
CS Keating, Central Saanich
Bathrooms:
- (Full:-/Half:-)
Lot Size:
7,063.049 sq. ft.
Construction:
Concrete, Frame Wood, Stucco
Foundation:
Concrete Perimeter
Number of Storeys:
3
Total Building Area:
8,317 sq. ft.
Heating:
Baseboard, Electric
Fireplace:
No
Main Level
Jurisdiction name:
District of Central Saanich
Zoning:
RP1 Res. Intitutional
Legal Non-Conformance:
No
Occupancy:
Tenant
Parking Features:
On Site
Road Surface Type:
Paved
Business Type:
Health Services
Date Listed:
Apr 03, 2024
Original Price:
4399000.0
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Listed by Coldwell Banker Oceanside Real Estate
Data was last updated July 14, 2024 at 10:05 PM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$1,600,000
Min list price:
$79,000
Max list price:
$7,495,000
Avg days on market:
92
Min days on market:
12
Max days on market:
216
These statistics are generated based on the current listing's property type and located in Central Saanich. Average values are derived using median calculations.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.