Multi-unit residential development property is an assembly of 640 Constance Ave, 638 Constance Ave & 637 Nelson Street totalling 30,600 sq ft with all lots fronting on both Constance Ave and Nelson Street, adjoining the one level DND Canex building with ocean & Sooke Hill views, half block to bus & Naden, minutes to shopping/CFB Esquimalt/Victoria Ship yard. Proactive Municipality has designated this area in the OCP as multi-unit high-rise residential use with potentially 90,000+ sq ft of building square feet. The assembly & rezoning (potentially 3-1 FSR, 5+ stories) conforms to the Esquimalt OCP. Excellent opportunity for an experience developer to build much needed condo's or rental units in Victoria's tight housing markets. Four existing homes offer rental income till final approval.
| Property Type | Lots / Acreage |
|---|---|
| Lot Size | 0.7 acres |
| Lot Size | 30600 square feet |
| Lot Features | View: Mtn, View: Valley, View: Water, Cul-de-sac, Golf Course < 1KM, Level, Serviced |
| Site Features | View: Mtn, View: Valley, View: Water, Cul-de-sac, Golf Course < 1KM, Level, Serviced |
Listed by: Paul Askew
Personal Real Estate Corporation
RE/MAX Camosun
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