All Victoria BC Townhouses For Sale $200K-$300K
1 Trans Canada Hwy
ML Mill Bay
Mill Bay
V0R 2P4
$10,762,500
Commercial Sale
- Status:
- Sold
- Sold Date:
- Mar 31, 2022
- Sold Price:
- $10,762,500
- Sold in:
- 760 days
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 834799
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!
- Property Type:
- Commercial Sale
- Type:
- Other
- Commercial Type:
- Land
- Listing General Location:
- ML Mill Bay, Malahat & Area
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 136.101 acre(s)55.078 hectare(s)
- Taxes:
- $35,337 / 2019
- Building Features:
- Shopping Nearby, Transit Nearby, Visual Exposure
- Pending Date:
- Sep 18, 2021
- Date Sold:
- Mar 31, 2022
- Other
- Legal Description:
- THAT PART OF DL 77 MALAHAT DISTRICT LYING TO THE S OF THE S BOUNDARIES OF PCL C (DD 43694I) & PCL D (DD 33154I) OF SAID LT & EXCEPT THOSE PARTS (SEE LS)
- Zoning:
- CD7
- Lot Site Features:
- Level
- Total Parking Spaces:
- 0
- Road Frontage Type:
- Highway
- Business Name:
- OCEAN TERRACE
- Date Listed:
- Mar 01, 2020
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Listed by Sotheby's International Realty Canada (Vic2), sold on March, 2022
Data was last updated March 28, 2024 at 10:05 PM (UTC)
- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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.