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10990 Madrona Dr

North Saanich, BC V8L 5R7
  • $5,250,000
  • STATUS: Active
  • ON SITE: 143 Days
  • MLS #: 930314
UPDATED: 55 min ago
$5,250,000
  • 0
    BEDS
  • 1.53
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Commercial

School Ratings & Info

School District:

Description

High quality income producing property that includes moorage and commercial rental income. Exceptional well maintained marina with two titled lots and a long-term foreshore lease. Extensive (high quality) renovations have made this marina a stand out. The property has an approx. 4,000 sq. ft, commercial building that contains commercial office space and one residential unit. Moorage is approximately 1,610 feet with little to no vacancy over the past several years. Deep Cove Marina N. Saanich is minutes away from the Victoria International Airport, BC Ferries (Swartz Bay), Sidney and only 34km to Victoria. Moorage space on Vancouver Island is in high demand and space is very limited making this a secure long term investment. Offering is an Asset Sale based on a cost approach to valuation. All sizes are approximate and should be verified independently. Qualified buyer's - NDA required. DO NOT TOUR SITE WITHOUT BOOKING AN APPOINTMENT.

Monthly Payment Calculator

http://www.vreb.org/vreb/VREBReciprocityProgram.html

VIVA (Vancouver Island & Victoria REBs) logo 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. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Martin Velsen Real Estate Team | RE/MAX of Nanaimo. 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. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2023-09-24T11:22:06.817.
www.westcoastrealtor.com/homes/139184760
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10990 Madrona Dr North Saanich, BC V8L 5R7

  • Price: $5,250,000
  • Status: Active
  • On Site: 143 Days
  • Updated: 55 min ago
  • MLS #: 930314
0
Beds
0
Baths
0
½ Baths
1.53
Acres
Neighbourhood:
Ns Deep Cove
Area:
North Saanich
School District:
Capital Regional District
Property Description
High quality income producing property that includes moorage and commercial rental income. Exceptional well maintained marina with two titled lots and a long-term foreshore lease. Extensive (high quality) renovations have made this marina a stand out. The property has an approx. 4,000 sq. ft, commercial building that contains commercial office space and one residential unit. Moorage is approximately 1,610 feet with little to no vacancy over the past several years. Deep Cove Marina N. Saanich is minutes away from the Victoria International Airport, BC Ferries (Swartz Bay), Sidney and only 34km to Victoria. Moorage space on Vancouver Island is in high demand and space is very limited making this a secure long term investment. Offering is an Asset Sale based on a cost approach to valuation. All sizes are approximate and should be verified independently. Qualified buyer's - NDA required. DO NOT TOUR SITE WITHOUT BOOKING AN APPOINTMENT.
Exterior Features

Construction Materials BlockFrame WoodOther Entry Location Main Level Exterior Features BalconyBalcony/PatioGardenLightingLow Maintenance Yard Lot Features Dock/MoorageForeshore RightsLandscapedMarina NearbyQuiet AreaRecreation NearbyServicedWalk On Waterfront Parking Features On Site Road Frontage Type Marine Road Surface Type Paved View Mountain(S)Ocean View YN Yes Waterfront Features Ocean Front Waterfront YN Yes

Interior Features

Fireplace YN No Heating YN No

Property Features

Building Features Public Restroom(S)Visual Exposure Existing Lease Type Sale Of Assets Inclusions See Remarks New Construction YN No Ownership See Supplements Property Condition Updated/Remodeled Property Sub Type Other Sewer Sewer Connected Tax Annual Amount 8882 Tax Jurisdiction District Of North Saanich Tax Year 2022 Utilities Cable AvailableElectricity ConnectedGarbagePhone ConnectedRecycling Water Source Municipal Zoning M-4 (Commercial Marina 2)

VIVA (Vancouver Island & Victoria REBs) logo Listing provided courtesy of Coldwell Banker Oceanside Real Estate and [CO-OFFICENAME].

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.
http://www.vreb.org/vreb/VREBReciprocityProgram.html

VIVA (Vancouver Island & Victoria REBs) logo 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. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Martin Velsen Real Estate Team | RE/MAX of Nanaimo. 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. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2023-09-24T11:22:06.817.
 
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Martin Velsen Real Estate Team | RE/MAX of Nanaimo
1-5140 Metral Drive
Nanaimo BC, V9T 4C8