7013 East Saanich Road Central Saanich, BC V8M 1Y3
Listing Courtesy of: CREA - Coldwell Banker Feed / Coldwell Banker Oceanside Real Estate / John Morris

  7013 East Saanich Road Central Saanich, BC V8M 1Y3

Active (12 Days)
$4,399,000

Description

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. (id:8860)

MLS®:
951607
Lot Size
7,063 SQFT
Type
Multifamily
Year Built
2000
County
Capital

Listed By

Mark Rice, Coldwell Banker Oceanside Real Estate
John Morris, Coldwell Banker Oceanside Real Estate
Source
CREA - Coldwell Banker Feed
Last checked Apr 15 2024 at 5:40 AM GMT+0000
Bathroom Details
Heating and Cooling
  • Electric
  • Baseboard Heaters
Location
   
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Disclaimer: REALTOR.CA The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 4/14/24 22:40 Last Updated: 4/14/24 22:40