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.
| Address |
7013 East Saanich Rd |
| List Price |
$4,399,000 |
| Property Type |
Commercial Sale |
| Type of Dwelling |
Multi Family |
| Area |
Central Saanich |
| Sub-Area |
CS Keating |
| Lot Size |
7063 Sq. Ft. |
| Year Built |
2000 |
| MLS® Number |
951607 |
| Listing Brokerage |
Coldwell Banker Oceanside Real Estate
|
| Postal Code |
V8M 1Y3 |
| Tax Amount |
$8,071 |
| Tax Year |
2023 |
| Features |
Baseboard, Electric |
