Lot 5 Colonia Dr | $6,150,000
Bill Eller* Agent Photo
Bill
Eller*
P. (250) 477-1100
F. (250) 477-1150
Phone Bill
CENTURY 21 QUEENSWOOD REALTY LTD.
2558 Sinclair Rd
Victoria BC
Canada V8N 1B8
Data Source: Statistics Canada
%
Years (35 year max)
Years



Address Lot 5 Colonia Dr
AreaZone 3 - Duncan
Sub AreaLadysmith
State/ProvinceBritish Columbia
CountryCanada
Price$6,150,000
Property TypeLot
Lot Size41.89 Acres
Taxes $6,330
Tax Year2017
MLS® #388501

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.

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