Property Description
Attention Developers. This is a 0.47-acre lot in an exceptional location with significant potential for development or as a holding property and maturing asset. The multi-family zoning will allow for seven townhomes, the development permit is in place, and the site is relatively flat with a small treed area at the back of the parcel. There is opportunity to partner with the current owner to complete the civil earthwork and servicing. This is centrally located in Ladysmith, with exceptional schools, parks, and minutes to the ocean. Holland Creek Estates is celebrated for its dedication to environmental preservation and the integration of natural beauty throughout the community. Outdoor lovers will appreciate immediate access to scenic trail networks, including the well-known Holland Creek Trail and the more rugged Heart Lake Trail. Come have a look and see what real potential looks like.
Property Details
MLS #:
1003213
ID #:
29256709
Type:
Residential
Sub-Type:
Land
Area:
Duncan
Sub-Area:
Du Ladysmith
Status:
Active
Lot Size:
0.47 acres
Property Tax:
$2,784 (2023)
Days on Market:
215 days
Listing provided by Sotheby's International Realty Canada (Vic2)
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Mortgage Amount:
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After 5 Year Term:
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CMHC Insurance Required: Down payments less than 20% require mortgage default insurance.
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