, V0R 2P4

1 Trans Canada Hwy

834799

MLS® Number

5,928,516 SqFt

Lot Size

$14,800,000

Listing by Sotheby's International Realty Canada (Vic2)

Listing information last updated: Thu Jan 21 2021 21:18:40 GMT+0000 (Coordinated Universal Time)

Extraordinary development opportunity in Mill Bay! This prime Real Estate property is comprised of 136 acres, gently sloping towards the ocean and 2,300 feet of highway frontage. Ocean Terrace Comprehensive Designation (CD 7) applies to a mixed-use development allowing for up to 438 residential units of varying housing types, 3.5 acres of commercial development, public school and public parkland. Ocean Terrace Properties is located at the intersection of Butterfield Road and the Trans-Canada Highway, in Mill Bay, BC. This location is approximately 30 km North of Victoria, 15 km South of Duncan and 2 km South-West of Mill Bay's commercial area. The Cowichan Valley is a large, primarily rural district situated on Southern Vancouver Island. The Ocean Terrace development will provide housing for various demographic needs and a commercial core that will be comprised of small-scale retail opportunities. Call for details!

Full Address

1 Trans Canada Hwy, Mill Bay BC V0R 2P4

MLS® Number

834799

Status

Active

Listing Price

$14,800,000

Property Type

Commercial Sale

Property Subtype

Other

Year Built

Days on Market

233 Days

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MLS® Number

834799

Listing Price

$14,800,000

Status

Active

Property Type

Commercial Sale

Lot Size SqFt

5,928,516 SqFt

Lot Size Acres

136.41 Acres

Days on Market

233 Days

Tax Annual Amount

$35,337

Tax Year

2019

Full Address

1 Trans Canada Hwy, Mill Bay BC V0R 2P4

City

Mill Bay

Postal Code

V0R 2P4

Zoning

CD7

MLS Area Major

Malahat & Area

MLS Area Minor

ML Mill Bay

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