ACCEPTED OFFER IN PLACE....COURT DATE SET FOR APRIL 14th, 2026 at 9:45AM PST....SEE SUPPLEMENTS FOR COURT PROCEEDING DOCUMENTS AND SCHEDULE "A" FOR ANY COMPETING OFFERS..... FOR SALE BY COURT ORDER - Assembly at the corner of Saanich Road and McKenzie Avenue. The area is within walking distance to a diverse mix of commercial amenities at the corner of Quadra Street and McKenzie Avenue. The residential makeup in the area is predominantly single-family dwellings with medium density apartment and condominium units along McKenzie Avenue.

The Subject property is identified in a primary growth area and is surrounded by recently approved and legacy multifamily properties. Saanich's current OCP speaks to mid-rise buildings of up to 12-storeys in this location. There is a current development permit application (unapproved) for an 8-storey building which equates to a 2.9:1 FAR.