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- $8M Price
- 26.47 Acres
- 20 DOM
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2950 Elm St
– $7,955,000
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.
Essential Information
- MLS® #1032946
- Price$7,955,000
- Acres26.47
- TypeCommercial Sale
- Sub-TypeMulti Family
- StatusActive
- Taxes$22,124
- Tax Year2025
Community Information
- Address2950 Elm St
- AreaDu Chemainus
- CityChemainus
- ProvinceBC
- Postal CodeV0R 1K3
County
North Cowichan, Municipality of
Amenities
- ViewCity, Mountain(s), Ocean
Additional Information
- Date ListedApril 30th, 2026
- Days on Market20
- ZoningCD6
Listing Office
Coldwell Banker Oceanside Real Estate
NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. The website must only be used by consumers for the purpose of locating and purchasing real estate.