Address
1 Trans Canada Hwy Mill Bay, BC
Price
$ 14,800,000
Property Attributes
  • ID#834799
  • TypeSingle Family
  • CountyVANCOUVERISLAND
  • CityMill Bay
  • NeighborhoodMalahat & Area
  • ZipV0R 2P4
  • Style
  • Taxes$ 35337
  • Price$ 14,800,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Lot Size136.41 Acres
Listing Provided Courtesy Of:
Constantin Popa* with Sotheby's International Realty Canada (Vic2)
Data Source:
RLP - CREA EN
Property 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!

Exterior Features

Lot Frontage 5928516
Lot Size 136.41
Jumpid 12946990
Mls 834799

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in V0R 2P4

Price
AVG $14.8M
$14.8M
Taxes
AVG $35,337
$35,337
Visits
AVG 1762
1761