Arun Rahul Group

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2950 Elm Street, Chemainus
2950 Elm Street, Chemainus
2950 Elm Street, Chemainus
2950 Elm Street, Chemainus
2950 Elm Street, Chemainus
+5 more

2950 Elm Street, Chemainus, British Columbia

$7,955,000
26.4700
Acres

About 2950 Elm Street

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. (id:66920)

Key Features

  • City view
  • Mountain view
  • Ocean view
  • Multi-Family
Shubham Nayyar
Shubham Nayyar
Real Estate Associate & Mortgage Broker, Partner & Director of Business Operations
Cell: +1 403-431-9005 VIEW REALTOR® PROFILE

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Estimated monthly payment
$37,203
/month · principal + interest

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Listing courtesy of Victoria Real Estate Board.
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