Qualicum Beach · Commercial Sale · MLS® 1044325

4080 Island Hwy, Qualicum Beach

$1,175,000
3Days on Market

About this property

3-LOT RESIDENTIAL DEVELOPMENT OPPORTUNITY just five minutes from Qualicum Beach. This 2.32-acre property is zoned RS2 and has Preliminary Layout Approval for three freehold lots of approximately 0.49 acres, 0.74 acres, and 0.86 acres. The level, usable site offers a layout with cleared land and mature trees, creating a setting for future construction. Community water is connected to the existing parcel and will require extension to service the additional lots. Development requirements also include new septic systems and a short extension of Barton Road. An existing two-storey residence provides potential holding income, on-site accommodation, or renovation value while the subdivision is completed. Set back from the highway, with only one proposed lot adjoining it, the property offers a manageable opportunity for a builder, investor, or small developer to complete the project in phases. A located development site with strong potential in a desirable rural-residential market.

Features & details

DDF Property Type Other
Building Type Commercial Mix
Land Size 101,059 sq ft (2.32 acres)
Feature Acreage
Feature Private setting
Feature Other
Property Type Mixed Use
Heating Baseboard
Cooling None
Parking Spaces 2
Water Source Municipal
Sewer Septic System
Flooring Laminate,Linoleum,Mixed
Foundation Slab
Zoning RS2

Location

Brokerage Listed by Royal LePage Island Living (PK). Information is deemed reliable but not guaranteed.