1 Trans Canada Hwy.

$14,800,000

Other located in Malahat & Area - ML Mill Bay, V0R 2P4

sqft, Beds, Baths
MLS #834799 Legacy MLS #466313 Listed by CONSTANTIN POPA*Sotheby's International Realty Canada (Vic2)
  • Listed On: March 1, 2020
  • Type: Commercial Sale
  • Lot Size: 136.41 acres
  • Features: Level,
  • View: Array
  • Zoning: CD7

Description

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!

Location

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