Active
7013 East Saanich Rd
Central Saanich BC, V8M 1Y3
$4,399,000
$528.92 per sqft
Active
8,317 sqft
Commercial
Built in 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.
951607
MLSⓇ ID
April 3, 2024
Listed
May 9, 2024
Updated
Map
7013 East Saanich Rd
Central Saanich BC, V8M 1Y3
Interior Features
Total Stories
3
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Baseboard, Electric
Exterior/Building Features
Lot Size
0.16 Acres
Other Property Details
Area Name
Central Saanich
Taxes
$8,071
Tax Frequency
Annually
Garage
No
Parking
On Site
View
No
County
Capital Regional District
Pool
No
Zoning
RP1 Res. Intitutional
Buyer Agency Compensation
1% of final purchase price
Courtesy of Coldwell Banker Oceanside Real Estate, Mark Rice
Listing Contact: 250-588-2339
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