41-43-51 Cadillac Ave, Saanich, BC, V8Z 1T3

MLS® # 965872

Investment For Sale In Saanich Core, Saanich, British Columbia

$7,500,000

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41-43-51 Cadillac Ave, Saanich, BC - Outdoor With View

41-43-51 Cadillac Ave, Saanich, BC - Outdoor

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41-43-51 Cadillac Ave, Saanich, BC, V8Z 1T3

$7,500,000

Property Information:

Incredible multi-family development opportunity. This site is in immediate proximity to the Uptown Transit Hub - under new BC Transit Oriented Development Legislation, site permits a minimum FSR or 3.5 and minimum height of 10 stories. Saanich OCP Uptown Core designation suggests 12-18 stories with potentially up to 24. Excellent holding income from a variety of tenants. Under the Provincial TOD legislation, the municipality is not permitted to require any off-street parking (other than for disabled) - dramatically impacting development costs. Excellent candidate for CMHC MLI construction financing. Immediate access to TCH, Hwy 17, Uptown Mall, Galloping Goose.

Property Features:

Annual Tax Amount: $15,664
Floor Space (approx): 1 Square Feet
Lot Frontage: 16800 Square Feet
Lot Size: 16800.00 Square Feet
Ownership: Freehold
Parking Features: On Site
Property Sub Type: Multi Family

Courtesy of: Alexandrite Real Estate Ltd.

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.

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Market Price Trends

Location of 41-43-51 Cadillac Ave, Saanich, BC, V8Z 1T3

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

22 hot days expected in 2050

Projected Precipitation Risk: High

13 storms expected in 2050

Projected Heat Risk: Moderate-Low

22 hot days expected in 2050

25/100

Moderate-Low

ClimateCheck®

Current data

This property, 41-43-51 Cadillac Ave , experiences 7 hot days per year at around 27.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 22 hot days at 30.4 degrees Celsius.

Projected Avg. Temperature

Past

27.5℃

2050

30.4℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

13 storms expected in 2050

86/100

High

ClimateCheck®

Current data

This property, 41-43-51 Cadillac Ave , experiences 12 significant 2-day storms per year, with about 494.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 567mm of precipitation per year.

Precipitation Per Storm

Past

494.1mm

2050

567mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 41-43-51 Cadillac Ave, Saanich, BC, V8Z 1T3

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$110,687.83

Average Number of Children

1.52

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.98 %

High school certificate or equivalent

37.34 %

Apprenticeship trade certificate/diploma

10.27 %

College/non-university certificate

16.05 %

University certificate (below bachelor)

1.33 %

University Degree

23.03 %

Commuter

Travel To Work

By Car

70.7 %

By Public Transit

12.12 %

By Walking

11.01 %

By Bicycle

4.73 %

By Other Methods

1.44 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

45.92 %

Houses

54.08 %

Own Vs. Rent

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Property Information:

Property Features:

Market Price Trends

Location of 41-43-51 Cadillac Ave, Saanich, BC, V8Z 1T3

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 41-43-51 Cadillac Ave, Saanich, BC, V8Z 1T3

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

41-43-51 Cadillac Ave, Saanich, BC, V8Z 1T3

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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