Property Description
Presenting a unique and unparalleled opportunity to acquire a piece of paradise. This exceptional hillside property consists of two separate lots, poised for rezoning to accommodate higher density development, as supported by the city's Official Community Plan (OCP).Offering unmatched ocean and mountain views from the summit, this land is ideal for visionary developers looking to capitalize on its potential. The property has been partially cleared, laying the groundwork for the construction and servicing of a new multifamily development.Previously, the District of Tofino granted second reading approval for a 16-unit townhome complex. Extensive preparatory work has been completed, with comprehensive reports available upon request.With land opportunities in Tofino becoming increasingly scarce, this is a rare chance to invest in a highly desirable area. Schedule a tour today to explore this magnificent lot and appreciate the old-growth cedars and stunning landscape it offers.
Property Details
MLS #:
992949
ID #:
28594666
Type:
Residential
Sub-Type:
Land
Area:
Port Alberni
Sub-Area:
PA Tofino
Status:
Active
Lot Size:
1.16 acres
Property Tax:
$4,401 (2024)
Days on Market:
203 days
Listing provided by Rennie & Associates Realty Ltd.
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CMHC Insurance Required: Down payments less than 20% require mortgage default insurance.
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