• Find Your Next Home
    Find Your Next Home
    Want an even more powerful MLS® search experience?
    Scroll down to find out how
Forgot password Extend Verify Contact
4026 Quadra St
Photo 1: 4026 Quadra St in Saanich: SE Lake Hill Multi Family for sale (Saanich East)  : MLS®# 954096
Photo 2: 4026 Quadra St in Saanich: SE Lake Hill Multi Family for sale (Saanich East)  : MLS®# 954096
Photo 3: 4026 Quadra St in Saanich: SE Lake Hill Multi Family for sale (Saanich East)  : MLS®# 954096
Photo 4: 4026 Quadra St in Saanich: SE Lake Hill Multi Family for sale (Saanich East)  : MLS®# 954096
Photo 5: 4026 Quadra St in Saanich: SE Lake Hill Multi Family for sale (Saanich East)  : MLS®# 954096
Photo 6: 4026 Quadra St in Saanich: SE Lake Hill Multi Family for sale (Saanich East)  : MLS®# 954096
Photo 7: 4026 Quadra St in Saanich: SE Lake Hill Multi Family for sale (Saanich East)  : MLS®# 954096
Photo 8: 4026 Quadra St in Saanich: SE Lake Hill Multi Family for sale (Saanich East)  : MLS®# 954096
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
954096
Attention DEVELOPERS!! Very rare opportunity to purchase 2.01 acres of ideally located re-development land. Current use is a near 100% rented 87 unit apartment building built in 1977 with a site coverage ratio of 26%. The apartment consists of 11 one bed, 6 studio, 3 three bed, 1 two bed + Den and 66 two bed units. The subject property is designated as part of a Neighborhood Centre under Saanich’s OCP. The District of Saanich OCP supports the following building types and land uses in Major and Neighborhood “Centers”: High Rise (up to 18 storeys) Townhouse (up to 3 storeys), Low-rise residential (up to 4 storeys), Mid-rise residential (up to 8 storeys), Live/work studios & Office (up to 8 storeys), Civic and institutional (generally up to 8 storeys) and Commercial and Mixed-Use (generally up to 8 storeys). Buyer to verify the potential land use with Saanich prior to writing an offer. Financials only provided as a condition of an accepted offer.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
SE Lake Hill, Saanich East
Bathrooms:
- (Full:-/Half:-)
Lot Size:
2.01 acre(s)
Taxes:
Ceiling Heights:
Total Building Area:
1.991 acre(s)
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
District of Saanich (SD61)
Legal Description:
Zoning:
RA-3
Units in Building:
Units in Community:
Parking Features:
On Site
Total Units:
Date Listed:
Feb 21, 2024
Original Price:
3.3E7
  • Photo 1: 4026 Quadra St in Saanich: SE Lake Hill Multi Family for sale (Saanich East)  : MLS®# 954096
    4026 Quadra St
  • Photo 2: 4026 Quadra St in Saanich: SE Lake Hill Multi Family for sale (Saanich East)  : MLS®# 954096
    Photo 2 of 8
  • Photo 3: 4026 Quadra St in Saanich: SE Lake Hill Multi Family for sale (Saanich East)  : MLS®# 954096
    Photo 3 of 8
  • Photo 4: 4026 Quadra St in Saanich: SE Lake Hill Multi Family for sale (Saanich East)  : MLS®# 954096
    Photo 4 of 8
  • Photo 5: 4026 Quadra St in Saanich: SE Lake Hill Multi Family for sale (Saanich East)  : MLS®# 954096
    Lobby
  • Photo 6: 4026 Quadra St in Saanich: SE Lake Hill Multi Family for sale (Saanich East)  : MLS®# 954096
    Unit Example
  • Photo 7: 4026 Quadra St in Saanich: SE Lake Hill Multi Family for sale (Saanich East)  : MLS®# 954096
    Unit Example
  • Photo 8: 4026 Quadra St in Saanich: SE Lake Hill Multi Family for sale (Saanich East)  : MLS®# 954096
    Photo 8 of 8
Listed by Fair Realty
Data was last updated May 27, 2024 at 08:05 PM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$1,200,000
Min list price:
$79,000
Max list price:
$33,000,000
Avg days on market:
70
Min days on market:
33
Max days on market:
361
These statistics are generated based on the current listing's property type and located in Saanich East. Average values are derived using median calculations.

Get all the benefits below, by registering today. A better MLS® search and advantage over other buyers and sellers.

Finding a home should be a joy

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.