7853 Osborne Bay Road

North Cowichan, BC

Master-Planned Residential Subdivision Opportunity

CBRE Victoria is pleased to present the opportunity to purchase three contiguous land parcels totaling 29.06 acres in the Cowichan Valley. The project, branded as SeaCrest Maple Mountain (www.seacrest.dev), is zoned CD20, providing for the opportunity to create up to 224 dwelling units (single family or duplex). Phase 1, consisting of 21 single family lots, is shovel ready with an approved PLA and Design Stage Approval issued. Phase 2 planning, comprising 23 single family lots, is complete with PLA application ready for submission pending final DP approval and engineering 90% finalized. The balance of the lands can support up to 180 dwelling units. Purchasers will benefit from substantial residential demand in North Cowichan, resulting from the new North Cowichan Hospital development and the numerous lifestyle benefits of the region including the Maple Mountain 2,500 acre recreation area just minutes from the site.

29 Acres

Land

$14,888,000

Listing Agent: Ross Marshall (Personal Real Estate Corporation)

Contact Info: ross.marshall@cbre.com | 250 386 0004