Water Views
Address
689 Frayne Rd Mill Bay, BC
Price
$ 1,500,000
Property Attributes
  • ID#891177
  • TypeCommercial
  • CityMill Bay
  • AreaMalahat & Area
  • NeighbourhoodML Mill Bay
  • Postal CodeV0R 2P4
  • StyleUnimproved Land
  • Taxes$ 2326
  • Price$ 1,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2.92 Acres
Listing Provided Courtesy Of:
Royal LePage Coast Capital - Westshore
Data Source:
Victoria Real Estate Board (VREB)
Property Description

Development property with 3 road frontages and excellent frontage on the Trans Canada Highway, steps to Mill Bay Village surrounded by ocean view homes and neighbouring a motel. The approximately 2.97 acre site is currently zoned residential, designated Village Residential in the OCP providing for various multi-family, affordable housing or senior care site. There is a drilled well with approximately 30 GPM and may provide potential to connect to the Mill Bay Waterworks upon application and approval. There is a PLA underway close to final approval for subdivision to 2 lots, the lot is is cleared, perk tested and ready to go. Gently sloping to the east it yields some lovely ocean, Island and coastal mountain views. A perfect opportunity in the very popular and rapidly growing Mill Bay area currently enjoying extensive development.

General Features

Commercial Area Other
Commercial Listing Type Land
Property SubType Unimproved Land
Property Type Commercial Sale
Sewer Perc Test on File, Septic Needed, None
View Mountain(s), Ocean
Zoning R-3

Exterior Features

Building Features High Traffic Area, Visual Exposure
Exterior Features Sign: Allowed
Foundation None
Lot Description Acreage, Central Location, Cleared, Corner, Easy Access, Irregular Lot, Level, Marina Nearby, Near Golf Course, Shopping Nearby, See Remarks
Lot Size Acres 2.92
Lot Size Square Feet 127488.88
Parking Onsite Yn Yes
View Yn Yes
Water Source Well: Drilled

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in V0R 2P4

Price
AVG $1.5M
$1.5M
Taxes
AVG $2,326
$2,326
Visits
AVG 49
48
Walkscore
AVG 25
25
Data Provided by Walkscore ® not using MLS data