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Deep Cove Marina

$3,616,400

10990 Madrona Drive, North Saanich, BC V8L 5R7, Canada

Active
Last Updated: 05/05/2025

4,078 sqft

Building Size

66,575 sqft

Lot Area

Details:
Building Size:    4,078 sqft
Lot Area:    66,575 sqft
Original Price:    4,999,000 CAD
MlsNumber:    997131
Original Currency:    CAD
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 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.

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