Lot 5 Colonia Dr, UI Duncan

$6,150,000

0 Beds
0 Baths
1,824,728 Sqft
41.89 Acres
0 Garages

RARE FIND !! - 42 acres of Development Land for Residential Single Family Zoning [R-1], inside the Town of Ladysmith, with an APPROVED PLA for Phase 1 – 38 Lots, with the potential of up to 200 homes !! Pre-paid DCCs of over $170,000. Excellent development lands, reasonable slopes of mostly gravel with no riparian areas or SPEAs. About 1/3 of the property has stunning views of the Strait of Georgia. Development requires a bridge on what would become an extension of Colonia Drive, which is expected to become a shared cost of the estimated 1,000 homes in the Holland Creek Local Area over the next 10-20 years. City Sewer and Water, all underground utilities.

EXEMPT from the Foreign Buyers Tax & Speculation Tax !

Listing Realtor, Bill Eller PREC, is Beneficial Owner, Disclosure of Interest in Trade can be found in Supplements.

Essential Information
MLS® #388501
Price$6,150,000
Square Footage1,824,728
Acres41.89
TypeLand
StatusCurrent
Community Information
AddressLot 5 Colonia Dr
SubdivisionUIDu Ladysmith
CityUI Duncan
ProvinceBC
Postal CodeL1L 1L1
Exterior
Lot DescriptionView: Water
Additional Information
Date ListedMarch 8th, 2018
Days on Market351
ZoningResidential
Office

Century 21 Queenswood Realty Ltd.

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