Extraordinary Development

1 Trans-Canada Hwy., Mill Bay, BC

  • $14,800,000
  • 0 BEDS
  • 0 BATHS
  • 1 Trans-Canada Hwy., Mill Bay, BC
  • 0 BEDS
  • 0 BATHS
  • $14,800,000

Key Facts

  • MLS ID: 834799
  • Property Type: Development, House
  • Other Taxes 2019: $35,337

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 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!

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Amenities

  • Acreage
  • Bay View
  • Forest
  • Mountain Views
  • Ocean Views
  • Scenic

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