Francine Tracey

RE/MAX Commercial Advantage

Cell 604-961-6550

Email: info@francinetracey.com

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LOT A Paldi Road
Out of Town No City Value V0V 0V0

$12,000,000
Business with Property, Land Commercial

Map / location featuring property parcel outlined
Photo 1: LOT A Paldi Road in No City Value: Out of Town Business with Property for sale : MLS®# C8069137
Photo 2: LOT A Paldi Road in No City Value: Out of Town Business with Property for sale : MLS®# C8069137
Photo 3: LOT A Paldi Road in No City Value: Out of Town Business with Property for sale : MLS®# C8069137
Photo 4: LOT A Paldi Road in No City Value: Out of Town Business with Property for sale : MLS®# C8069137
Photo 5: LOT A Paldi Road in No City Value: Out of Town Business with Property for sale : MLS®# C8069137
Photo 6: LOT A Paldi Road in No City Value: Out of Town Business with Property for sale : MLS®# C8069137
Status:
Active
Prop. Type:
Business with Property, Land Commercial
MLS® Num:
C8069137
Bus Major:
Other
Vacant 196-acre lot located on Paldi Road in Cowichan Valley Regional District. Fantastic opportunity to invest in a large acreage with natural surroundings. At the Asking Price, the current owner will include the Approved Water License and servicing agreement for the site. The Water License and servicing agreement enables the provision of water and wastewater services to the Property and neighbouring properties and has provision for 15-year latecomer agreement for those accessing the water and wastewater services. Property has an overall approval for 330 units of housing and 100,000 sq. ft. of commercial Space and there is a development permit for the first 103 units of housing. In discussions with the Cowichan Valley Regional District, there is consideration being given to increasing the allocated density. Buyer to verify development potential, with CVRD. (Contact Agent for additional information) Court-Ordered Sale. Sold 'as is, where is.' Subject to court approval.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Business with Property, Land Commercial
Business Name:
Elk Ridge Estates Ltd.
Business Type:
Other
Lot Area:
0 sq. ft.
Zoning:
Potential to Redevelop:
330 residential units & 100,000 Square feet Commercial Space, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
Yes
Services Connected:
Electricity Connected, See Remarks
Sewer:
Public Sewer, See Remarks
Env Assmt Comment:
Y
Parcel Number:
003727394
No
Yes
Yes
Water Supply:
Well Drilled
Water Rights:
No
Roof:
Potential to Redevelop:
330 residential units & 100,000 Square feet Commercial Space, No
Env Assmt Phase:
Yes
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: LOT A Paldi Road in No City Value: Out of Town Business with Property for sale : MLS®# C8069137
    Map / location featuring property parcel outlined
  • Photo 2: LOT A Paldi Road in No City Value: Out of Town Business with Property for sale : MLS®# C8069137
    Map of property / related area
  • Photo 3: LOT A Paldi Road in No City Value: Out of Town Business with Property for sale : MLS®# C8069137
    Map / location
  • Photo 4: LOT A Paldi Road in No City Value: Out of Town Business with Property for sale : MLS®# C8069137
    Map / location
  • Photo 5: LOT A Paldi Road in No City Value: Out of Town Business with Property for sale : MLS®# C8069137
    Map / location
  • Photo 6: LOT A Paldi Road in No City Value: Out of Town Business with Property for sale : MLS®# C8069137
    Map / location
Listed by Macdonald Commercial Real Estate Services Ltd.
Data was last updated November 8, 2025 at 07:40 AM (UTC)

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