Mill Bay, BC V0R 2P4,1 Trans Canada Hwy
See all 31 photos
Mill Bay, BC V0R 2P4,1 Trans Canada Hwy
Mill Bay, BC V0R 2P4,1 Trans Canada Hwy
Mill Bay, BC V0R 2P4,1 Trans Canada Hwy
Mill Bay, BC V0R 2P4,1 Trans Canada Hwy

$10,762,500

Est. payment /mo

$14,800,000

27.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

1 Trans Canada Hwy Mill Bay, BC V0R 2P4

136.41 Acres Lot

SOLD DATE : 03/31/2022

Key Details

Sold Price $10,762,500

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 834799

Sold Date 03/31/22

Annual Tax Amount $35,337

Tax Year 2019

Lot Size 136.410 Acres

Acres 136.41

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!

Location

State BC

Area Ml Mill Bay

Zoning CD7

Exterior

View Y/N 1

View Other

Building

Lot Description Level

Others

Tax ID 009-346-554

Ownership Freehold

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Sotheby's International Realty Canada (Vic2)
Bought with Royal LePage Coast Capital - Westshore

Kirk Walper

Broker Associate | License ID: 160035

+1(250) 228-4275

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Free Account Required