Freehold NonStrata
CD-1 zone
Public remarks
Vacant 196-acre lot on Paldi Rd, Cowichan Valley RD. Fantastic opportunity to invest in a large acreage with natural surroundings. Price includes approved water license & site servicing agreement enabling water & wastewater services to property & neighboring properties, including 15-yr latecomer agreement for those accessing water & wastewater services. Overall approval for 330 housing units & 100,000 SF commercial space, & the.re is development permit for the first 103 units of housing. CVRD may consider increasing the allocated density; buyer to verify development potential with CVRD. {Contact agent for details.) Court-Ordered Sale. Sold 'as is, where is.' Subject to court approval.
Private remarks
Buyer to conduct own due diligence regarding services. Water license transfer is not under court approval with the rights owned by the landowner. Court-Ordered Sale. Property sold 'as is, where is'. Offers must be left open for court approval & must include Schedule A {contact agent for a copy).
Buyer agency compensation
3.0%-1st $100k of the selling price of the ppty & 1.0% of the selling price above $100k
$15,000,000
Active
Listed
05/05/2025
Expiry date
Original price
Gross taxes (2024)
$12,819.00
Property transfer tax
$668,000.00
Last Updated: 05/16/2025 01:26 PM
Courtesy of Macdonald Commercial Real Estate Services Ltd.
Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
---|---|---|---|---|---|---|---|---|
LOT A Paldi Road | R3003767 | 05/16/2025 01:26 PM | 05/05/2025 | Active | $15,000,000 | Login to view | Bob Scragg PREC* | Macdonald Commercial Real Estate Services Ltd. |