Multi-family

2950 Elm St

Chemainus, BC

MLS® 1032946 · 132 days on market

$7,955,000

26 acres

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Description

Comprehensive 26.46-acre development site (14.31 acres net after park dedication), partially serviced and zoned CD6 Chemainus Artisan Village for multifamily and mixed commercial-residential uses. The proposed PLA envisions a 2 phase (3 and 3) 6 - lot fee simple subdivision - having 4-5 multi-family lots and 1-2 mixed-use lots (5 to 6 storeys 400 ERUs or more 2:1 assisted living 3:1 LTC) - with the remainder dedicated to parkland, including Hermit Park trail dedication. Chemainus is a vibrant oceanside community celebrated for theatre, artisan shops, murals, scenic trails, beaches, golf and is a popular retirement community on Vancouver Island. Cafés, restaurants and other amenities are a short walking distance to the site, with convenient proximity to local airports, ferry terminals and hospitals. This development supports aging-in-place, providing retirees with suitable housing to stay in the community. VTB (1st mortgage only) available up to 60%, subject to seller terms / approval. (id:63159)

Property Details

Property & Lot

Sub-type
Multi-Family
Lot size
26 acres
Zoning
Unknown — CD6
Title
Freehold

Exterior & Land

View
City view, Mountain view, Ocean view

Building & Utilities

Parcel ID (PID)
001-195-930
Annual property tax
$22,124
Brokerage
Coldwell Banker Oceanside Real Estate

Location Insights

Weather

Nearest station: Duncan

23°C

Humidity 50%

Wind ENE 4 km/h

Today

24°

Tonight

14°

Thursday

22°

Thursday night

11°

Friday

16°

Friday night

12°

Source: Environment and Climate Change Canada.

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