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Lt 1 & Pcl B Vee Rd Cowichan Bay, BC V0R 1N1
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Key Details
Sold Price $1,205,000
Property Type Commercial
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 948023
Sold Date 02/01/24
Rental Info Unrestricted
Tax Year 2022
Lot Size 2.270 Acres
Acres 2.27
Property Description
RARE DEVELOPMENT SITE in the popular seaside village of Cowichan Bay. Located within Cowichan Bay Estates, this 2.27 acre property is zoned CR-2 which allows for up to 23 townhouse units, or 16 duplexes units, or 8 single family homes with secondary suites, or a combination thereof (Buyer to verify, see CR-2 Zoning Bylaws for more details). There is also the possibility of subdividing the property into 8 single family lots (with R3 rezoning). Seller has pre arrangements for sewer units being available to purchase, which would need to be finalized once an offer to purchase was accepted and the amount of units needed by the buyer is known. The property features mountain views, park views, and also potential ocean views. Property borders on parkland with full underground services available including natural gas. Within walking distance to marinas, trails, parks, recreation, shopping, restaurants and more. An easy commute to Duncan, Mill Bay & Victoria.
Location
Province BC
County Cowichan Valley Regional District
Area Du Cowichan Bay
Zoning CR-2
Exterior
Parking On Site 1
View Y/N 1
View Mountain(s), Other
Building
Lot Description Marina Nearby, Near Golf Course, Park Setting, Recreation Nearby, Shopping Nearby
Sewer Sewer Available
Water Regional/Improvement District, To Lot
Others
Tax ID 005-167-841 & 009-032-649
Ownership Freehold
Acceptable Financing Must Be Paid Off
Listing Terms Must Be Paid Off
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Bought with RE/MAX Island Properties