26000 Sqft Commercial Property in Esquimalt

$4,500,000 - ML# 420251
1219-1221 Carlisle Ave
Esquimalt - Es Esquimalt

This is only a guide. Please verify this information with your mortgage specialist.

- LAND ASSEMBLY OPPORTUNITY - 4 LOT ASSEMBLY $4.5 million - Addresses: 1221 Carlisle, 1219 Carlisle, 1226 Lyall, and 1224 Lyall. Extremely rare development opportunity with two street access, that will permit medium residential multi family, in accordance with the current OCP designation. Four lots with a total of 26,000 sq ft. Proposed FSR of 2.0 providing for a 52,000 sq. ft. condo development up to 6 story's ( preliminary discussions with planning indicated FSR possibly going higher with approved amenity bonusing). This assembly is directly across the street from the highly anticipated Esquimalt Town Square (by Aragon properties) and is central to every amenity in the rejuvenating core of the Township of Esquimalt.

Title:
Freehold 
Transaction Type:
For Sale 
Includes Building:
Yes 
Includes Business:
No 
Includes Land:
Yes 
Sale/Lease Type:
Sale Price 
Possession:
Upon Completion 
Possession Notes:
 
Taxes:
$10,157.00 (2018) 
Year Built:
 
Additional Rent/SqFt:
 
Existing Lease Expiration Date:
 
Business Name:
 
Business Established:
 
Gross Income:
 
Net Income:
 

Building Details

Building Features:
 
Building Type:
See Remarks 
Accessibility:
 
Construction Foundation:
Frame Wood 
Exterior Finish:
Stucco,Wood Siding 
Exterior Features:
Parking 
Cooling:
 
Heat:
Elec Baseboard 
Approx. Value of Fixed Equip:
 
Parking Spaces:
 
Stories:
 

Lot Information

SqFt:
26000 
Acres:
0.60 
Total SqFt:
4000 
Lot:
17-19 
Lot Shape:
Irreg. 
Lot Features:
View: City,View: Mountain,View: Water,Serviced 
Lot Frontage:
100 
Water:
City/Munic. 
Waste:
Sewer 
Parking:
 
Location Features:
Road: Paved,Sidewalk 

Strata Information

Complex:
 
Managed By:
 
Monthly Assessment:
Shared Amenities:
 

Listed with:

Newport Realty Ltd.

Sotheby's International Realty Canada

VREB Reciprocity Logo

NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.