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Main Photo: 7853 Osborne Bay Rd in Crofton: Du Crofton Unimproved Land for sale (Duncan)  : MLS®# 955714
Photo 1: 7853 Osborne Bay Rd in Crofton: Du Crofton Unimproved Land for sale (Duncan)  : MLS®# 955714
Photo 2: 7853 Osborne Bay Rd in Crofton: Du Crofton Unimproved Land for sale (Duncan)  : MLS®# 955714
Photo 3: 7853 Osborne Bay Rd in Crofton: Du Crofton Unimproved Land for sale (Duncan)  : MLS®# 955714
Photo 4: 7853 Osborne Bay Rd in Crofton: Du Crofton Unimproved Land for sale (Duncan)  : MLS®# 955714
Photo 5: 7853 Osborne Bay Rd in Crofton: Du Crofton Unimproved Land for sale (Duncan)  : MLS®# 955714
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
955714
CBRE Victoria is pleased to present the opportunity to purchase three contiguous land parcels totalling 29.06 acres in the Cowichan Valley. The project, branded as SeaCrest Maple Mountain (www.seacrest.dev), is zoned CD20, providing for the opportunity to create up to 224 single family or duplex lots or up to 896 units as per Bill 44 - Residential Property Amendment Act. Phase 1, consisting of 21 single family lots, is shovel ready with an approved PLA and Design Stage Approval issued. Phase 2 planning, comprising 23 single family lots, is complete with PLA application ready for submission pending final DP approval and engineering 90% finalized. The balance of the lands can support up to 180 lots. Purchasers will benefit from substantial residential demand in North Cowichan, resulting from the new North Cowichan Hospital development and the numerous lifestyle benefits of the region including the Maple Mountain 2,500 acre recreation area just minutes from the site.
Property Type:
Commercial Sale
Type:
Unimproved Land
Commercial Type:
Land
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Du Crofton, Duncan
Bathrooms:
- (Full:-/Half:-)
Lot Size:
29.06 acre(s)
Taxes:
Ceiling Heights:
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
District of North Cowichan
Legal Description:
Zoning:
CD-20
Units in Building:
Units in Community:
Parking Features:
On Site
Total Units:
Date Listed:
Mar 08, 2024
Original Price:
1.4888E7
  • Photo 1: 7853 Osborne Bay Rd in Crofton: Du Crofton Unimproved Land for sale (Duncan)  : MLS®# 955714
    Photo 1 of 5
  • Photo 2: 7853 Osborne Bay Rd in Crofton: Du Crofton Unimproved Land for sale (Duncan)  : MLS®# 955714
    Photo 2 of 5
  • Photo 3: 7853 Osborne Bay Rd in Crofton: Du Crofton Unimproved Land for sale (Duncan)  : MLS®# 955714
    Photo 3 of 5
  • Photo 4: 7853 Osborne Bay Rd in Crofton: Du Crofton Unimproved Land for sale (Duncan)  : MLS®# 955714
    Photo 4 of 5
  • Photo 5: 7853 Osborne Bay Rd in Crofton: Du Crofton Unimproved Land for sale (Duncan)  : MLS®# 955714
    Photo 5 of 5
Listed by CBRE Limited
Data was last updated June 18, 2024 at 02:05 PM (UTC)
Area Statistics
Listings on market:
54
Avg list price:
$1,487,000
Min list price:
$25,000
Max list price:
$15,000,000
Avg days on market:
118
Min days on market:
5
Max days on market:
550
These statistics are generated based on the current listing's property type and located in Duncan. Average values are derived using median calculations.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.