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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 lineal 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. (id:24212)
Full Address:
10990 Madrona Drive, North Saanich, British Columbia
Price:
$ 4,999,000
MLS Number:
997131
List Date:
May 2nd, 2025
Neighbourhood:
Deep Cove
Building Size:
4078 sq.ft.
Lot Size:
1.53 ac
Taxes:
$ 10,105

Property Specifications

Heating:
Other

Interior Features

Building Size:
4078 sq.ft.
Zoning:
Unknown

Building Features

Floors

View:
Mountain view, Ocean view
Lot Size:
1.53 ac
Water Frontage Type:
Waterfront on ocean
Lot Features:
Other, Marine Oriented, Moorage

Land

Neighbourhood Features

Ratings

Commercial Info

Business Type:
Other, Recreation

Location

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Neighbourhood Details

Agent: John MorrisBrokerage: Coldwell Banker Oceanside Real Estate Phone: 250-710-0765

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