For Sale: 2950 Elm Street, Chemainus, BC - REW
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$7,955,000
0 bd • ba • sf • Multifamily
2950 Elm Street
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$7,955,000
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2950 Elm StreetChemainus, BC, V0R 1K3

  • 0 Bed
  • Bath
  • Sqft
  • Multifamily

About this home

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.
Listed by: John Morris, Coldwell Banker Oceanside Real Estate

Home facts and features

Price details
List Price
$7,955,000
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Gross Taxes for 2025
$22,124
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Lot Size
26.47 acres
Title
Freehold
Agent details
Primary Agent
Primary Broker
Coldwell Banker Oceanside Real Estate
Listing details
Days on REW
35 Days
Property Views
72
MLS® Number
1032946
Source
Victoria and Vancouver Island MLS
Board
Victoria Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

ChemainusElementary Community School
  • Public
  • Pre-K - 7
  • In Catchment
St Joseph's School
  • Independent
  • K - 7
Chemainus Secondary School
  • Public
  • 8 - 12
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Call Agent
John Morris
Phone:
250-710-0765
Office:
250-383-1500
Fax:
250-383-1533
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