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2950 Elm St, Chemainus

MLS® #1032946
About this Property

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:62865)

Property Information

Status

Active

Property Type

Multi-Family

Ownership

Freehold

Annual Tax

$22,124

Zoning

Unknown

Parcel Number

001-195-930

Data Source

Victoria Real Estate Board

Exterior & Lot

Lot Size

26.47 acres

View

City view, Mountain view, Ocean view

$7,955,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
Listing Courtesy of

Office

Coldwell Banker Oceanside Real Estate

Mortgage Calculator
$1,591,000

Loan Amount:

$6,364,000

Estimated Monthly Payment:

$31,013

This is an estimate for informational purposes only. Consult with a financial advisor.