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Listed by John Morris Coldwell Banker Oceanside Real Estate
$ 7,955,000
Est. payment | /mo
26.47 Acres Lot
$ 7,955,000
Est. payment | /mo
26.47 Acres Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
HOA Y/N No
Annual Tax Amount $22,124
Tax Year 2025
Lot Size 26.470 Acres
Acres 26.47
Property Sub-Type Multi Family
MLS® Listing ID 1032946
Property Description
Comprehensive 26.46-acre development site (14.31 acres net after park dedication), partially serviced and zoned CD6 Chemainus Artisan Village for multifamily and mixed commercial-residential uses. The proposed PLA envisions a 2 phase (3 and 3) 6 - lot fee simple subdivision - having 4-5 multi-family lots and 1-2 mixed-use lots (5 to 6 storeys 400 ERUs or more 2:1 assisted living 3:1 LTC) - with the remainder dedicated to parkland, including Hermit Park trail dedication. Chemainus is a vibrant oceanside community celebrated for theatre, artisan shops, murals, scenic trails, beaches, golf and is a popular retirement community on Vancouver Island. Cafés, restaurants and other amenities are a short walking distance to the site, with convenient proximity to local airports, ferry terminals and hospitals. This development supports aging-in-place, providing retirees with suitable housing to stay in the community. VTB (1st mortgage only) available up to 60%, subject to seller terms / approval.
Location
Province BC
County North Cowichan, Municipality Of
Community Du Chemainus
Area Duncan
Zoning CD6
Interior
Fireplace No
Exterior
Parking Features On Site
View Y/N Yes
View City, Mountain(s), Ocean
Garage No
Building
Sewer Sewer Available
Water Municipal
Others
Ownership Freehold
Virtual Tour https://sites.listvt.com/mls/243272696
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