REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 15,000,000
Est. payment | /mo
196 Acres Lot
$ 15,000,000
Est. payment | /mo
196 Acres Lot
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 999577
Rental Info Unrestricted
Annual Tax Amount $12,818
Tax Year 2024
Lot Size 196.000 Acres
Acres 196.0
Property Sub-Type Unimproved Land
Property Description
Duncan, BC. Vacant 196-acre development site located on Paldi Road in Cowichan Valley Regional District.
Fantastic opportunity to invest in a large acreage with natural surroundings. Site approved for 330 housing units and 100,000 sq. ft. of commercial. Development permit in place for the first 103 units.
At the Asking Price, the current owner will include the Approved Water Licence and servicing agreement for the site. The Licence and agreement provide water and wastewater services to the Property and neighbouring properties. There is a 15-year latecomer agreement for those accessing the water and wastewater services. (Contact Agent for additional information).
Buyer to verify development potential, water, and wastewater with CVRD
Sold 'as is, where is Court order sale. Subject to court approval.
Fantastic opportunity to invest in a large acreage with natural surroundings. Site approved for 330 housing units and 100,000 sq. ft. of commercial. Development permit in place for the first 103 units.
At the Asking Price, the current owner will include the Approved Water Licence and servicing agreement for the site. The Licence and agreement provide water and wastewater services to the Property and neighbouring properties. There is a 15-year latecomer agreement for those accessing the water and wastewater services. (Contact Agent for additional information).
Buyer to verify development potential, water, and wastewater with CVRD
Sold 'as is, where is Court order sale. Subject to court approval.
Location
Province BC
County Cowichan Valley Regional District
Area Du West Duncan
Zoning CD-1
Interior
Inclusions Electric, See Remarks
Exterior
Parking On Site 1
Utilities Available Electricity Available, See Remarks
Building
Lot Description See Remarks
Sewer Other
Water Other
Others
Restrictions Restrictive Covenants
Tax ID 003-727-394
Ownership Freehold
Acceptable Financing Clear Title, Must Be Paid Off, None
Listing Terms Clear Title, Must Be Paid Off, None
Listed by Macdonald Commercial Real Estate Services Ltd