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Main Photo: 1 Trans Canada Hwy in Mill Bay: ML Mill Bay Other for sale (Malahat & Area)  : MLS®# 834799
Photo 1: 1 Trans Canada Hwy in Mill Bay: ML Mill Bay Other for sale (Malahat & Area)  : MLS®# 834799
Photo 2: 1 Trans Canada Hwy in Mill Bay: ML Mill Bay Other for sale (Malahat & Area)  : MLS®# 834799
Photo 3: 1 Trans Canada Hwy in Mill Bay: ML Mill Bay Other for sale (Malahat & Area)  : MLS®# 834799
Photo 4: 1 Trans Canada Hwy in Mill Bay: ML Mill Bay Other for sale (Malahat & Area)  : MLS®# 834799
Photo 5: 1 Trans Canada Hwy in Mill Bay: ML Mill Bay Other for sale (Malahat & Area)  : MLS®# 834799
Photo 6: 1 Trans Canada Hwy in Mill Bay: ML Mill Bay Other for sale (Malahat & Area)  : MLS®# 834799
Photo 7: 1 Trans Canada Hwy in Mill Bay: ML Mill Bay Other for sale (Malahat & Area)  : MLS®# 834799
Photo 8: 1 Trans Canada Hwy in Mill Bay: ML Mill Bay Other for sale (Malahat & Area)  : MLS®# 834799
Photo 9: 1 Trans Canada Hwy in Mill Bay: ML Mill Bay Other for sale (Malahat & Area)  : MLS®# 834799
Photo 10: 1 Trans Canada Hwy in Mill Bay: ML Mill Bay Other for sale (Malahat & Area)  : MLS®# 834799
Photo 11: 1 Trans Canada Hwy in Mill Bay: ML Mill Bay Other for sale (Malahat & Area)  : MLS®# 834799
Photo 12: 1 Trans Canada Hwy in Mill Bay: ML Mill Bay Other for sale (Malahat & Area)  : MLS®# 834799
Photo 13: 1 Trans Canada Hwy in Mill Bay: ML Mill Bay Other for sale (Malahat & Area)  : MLS®# 834799
Photo 14: 1 Trans Canada Hwy in Mill Bay: ML Mill Bay Other for sale (Malahat & Area)  : MLS®# 834799
Photo 15: 1 Trans Canada Hwy in Mill Bay: ML Mill Bay Other for sale (Malahat & Area)  : MLS®# 834799
Photo 16: 1 Trans Canada Hwy in Mill Bay: ML Mill Bay Other for sale (Malahat & Area)  : MLS®# 834799
Photo 17: 1 Trans Canada Hwy in Mill Bay: ML Mill Bay Other for sale (Malahat & Area)  : MLS®# 834799
Photo 18: 1 Trans Canada Hwy in Mill Bay: ML Mill Bay Other for sale (Malahat & Area)  : MLS®# 834799
Photo 19: 1 Trans Canada Hwy in Mill Bay: ML Mill Bay Other for sale (Malahat & Area)  : MLS®# 834799
Photo 20: 1 Trans Canada Hwy in Mill Bay: ML Mill Bay Other for sale (Malahat & Area)  : MLS®# 834799
Photo 21: 1 Trans Canada Hwy in Mill Bay: ML Mill Bay Other for sale (Malahat & Area)  : MLS®# 834799
Photo 22: 1 Trans Canada Hwy in Mill Bay: ML Mill Bay Other for sale (Malahat & Area)  : MLS®# 834799
Photo 23: 1 Trans Canada Hwy in Mill Bay: ML Mill Bay Other for sale (Malahat & Area)  : MLS®# 834799
Photo 24: 1 Trans Canada Hwy in Mill Bay: ML Mill Bay Other for sale (Malahat & Area)  : MLS®# 834799
Photo 25: 1 Trans Canada Hwy in Mill Bay: ML Mill Bay Other for sale (Malahat & Area)  : MLS®# 834799
Photo 26: 1 Trans Canada Hwy in Mill Bay: ML Mill Bay Other for sale (Malahat & Area)  : MLS®# 834799
Photo 27: 1 Trans Canada Hwy in Mill Bay: ML Mill Bay Other for sale (Malahat & Area)  : MLS®# 834799
Photo 28: 1 Trans Canada Hwy in Mill Bay: ML Mill Bay Other for sale (Malahat & Area)  : MLS®# 834799
Photo 29: 1 Trans Canada Hwy in Mill Bay: ML Mill Bay Other for sale (Malahat & Area)  : MLS®# 834799
Photo 30: 1 Trans Canada Hwy in Mill Bay: ML Mill Bay Other for sale (Malahat & Area)  : MLS®# 834799
Photo 31: 1 Trans Canada Hwy in Mill Bay: ML Mill Bay Other for sale (Malahat & Area)  : MLS®# 834799
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)
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)
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.