1 Trans Canada Hwy

Other For Sale in ML Mill Bay, Malahat & Area

$14,800,000

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!

Address 1 Trans Canada Hwy
List Price $14,800,000
Property Type Commercial Sale
Type of Dwelling Other
Area Malahat & Area
Sub-Area ML Mill Bay
Lot Size 5928516 Sq. Ft.
MLS® Number 834799
Listing Brokerage Sotheby's International Realty Canada (Vic2)
Postal Code V0R 2P4
Tax Amount $35,337
Tax Year 2019
Amenities Level

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Scott Piercy & James LeBlanc

Engel & Völkers Vancouver Island

735 Humboldt Street Victoria BC V8W 1B1

Mobile: 250 686 7789, 250-812-7212

Office: 778 433 8885

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