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2950 Elm St
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2950 Elm St

Chemainus, British Columbia V0R1K3

$7,955,000

MLS® 1032946

Multi-family

Type

26 acres

Lot Size

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:65701)

Property Details

Ownership Freehold
Annual Taxes $22,124.00
Structure Multi-Family
View City view, Mountain view, Ocean view

Listed by

Coldwell Banker Oceanside Real Estate

Victoria

Interested in this property?

Contact Kara Call 604.328.8000
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