Address
1 Trans Canada Hwy Mill Bay, BC
Price
$ 14,800,000
Property Attributes
  • MLS#834799
  • TypeSingle Family
  • CityMill Bay
  • Postal CodeV0R 2P4
  • Style
  • Taxes35337
  • Price$ 14,800,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size136.41 Acres
Listing Provided Courtesy Of:
Sotheby's International Realty Canada (Vic2)
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!

Price History
7/29/2020 Listed $14,800,000

General Features

Garage no
Listing Type House
Parking no
Terms SALE
Wheel Chair Access no
Zoning CD7

Interior Features

Fireplace no

Exterior Features

Lot Features Level
Lot Frontage 5928516
Lot Size 136.41
Pool Y/N no

Amenities

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

Property vs Postal Code Average in V0R 2P4

Price
AVG $2.29M
$14.8M
Taxes
AVG $14,530
$35,337
Visits
AVG 18
201

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