Vacant Land For Sale
in:
North Cowichan,
BC
1605 Adelaide St. 1609 Adelaide St. 7975 York Ave.
Three (3) Ocean-view Building Lots - Crofton, BC
OPEN HOUSE
Buyer Agent Friendly
The owner is willing to negotiate commission with any real estate agent who brings an acceptable offer from a qualified buyer.
Annual Taxes
Lot Size
Description
These prime ocean-view building lots present an amazing opportunity for development in the beautiful seaside village of Crofton. Offering panoramic view of Osborne Bay, these lands are perfectly situated only steps away from Crofton Elementary School and easy walking distance to virtually every community service and facility that Crofton has to offer, including the renowned Crofton Seawalk.
This site includes three (3) fee simple titles (subdivision completed in 2023) totalling nearly 15,000 ft2 (7975 York Avenue: 4,843 ft2, 1609 Adelaide Street: 4,843 ft2 and 1605 Adelaide Street: 5,223 ft2). All three (3) lots are fully serviced and development ready with driveway aprons, water, sanitary sewer, and storm services (including storm detention tanks already installed), and have access to existing natural gas and hydro from the boulevard. Preliminary grading has been completed, and level-entry units (with walk-out basement) will require minimal excavation.
The zoning on these lots offers tremendous flexibility with opportunities to construct anywhere from one (1) to four (4) units per lot (3-12 units in total) in a variety of building forms (e.g. level entry single family home with walk-out basement (with or w/out suite), duplex, duplex w/ suites, triplex, fourplex, etc.). Each lot allows for up to 45% lot coverage and approx. 6,500 – 7,000 ft2 buildable area (20,000 ft2 overall). Buyers should confirm all zoning options and development proposals with the District of North Cowichan.
This is an ideal opportunity for builders, investors or individuals looking for an opportunity to construct new residential units either for re-sale or for rentals, shared family living options, or a beautiful new retirement home where you can sit out on your deck and watch the ferry go back and forth from Saltspring Island all day long. Alternatively, bring your vision and advance a proposal to the Municipality to consolidate and rezone these parcels for higher density development with a small apartment or mixed-use building, which would be perfectly suited to this high-profile corner located near the primary southern entrance to the community.
The owner is prepared to consider a variety of proposals and opportunities, including potentially selling one, two or all three lots separately, and may also consider vendor financing or joint ventures for qualified purchasers. Courtesy to Realtors.