Property Description
Premier 360-acre holding forming part of a rare 400-acre contiguous land assembly on the Malahat, one of Southern Vancouver Island’s most significant development opportunities. Strategically located just 15 minutes from Langford and Greater Victoria, this expansive parcel offers scale, highway frontage, and long-term upside. Zoned RUR-1 with a Forest Resource designation, it supports resource use today while positioning for future rezoning. Approximately 22 acres are designated for industrial use, enhancing flexibility for a mixed-use vision. Combined with the adjacent 40-acre Settlement Area parcel in the CRD, this assembly presents compelling potential for a master-planned community incorporating residential, commercial, and light industrial uses. Strong exposure to the Trans-Canada Highway, proximity to a former rail corridor, and potential for future access further elevate the opportunity. A landmark land banking or development asset in a rapidly growing corridor.
Property Details
MLS #:
1033201
ID #:
31108135
Type:
Commercial Sale
Sub-Type:
Unimproved Land
Area:
Malahat & Area
Sub-Area:
ML Malahat Proper
Status:
Active
Lot Size:
360.14 acres
Property Tax:
$16,390 (2025)
Days on Market:
174 days
Listing provided by RE/MAX Camosun
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CMHC Insurance Required: Down payments less than 20% require mortgage default insurance.
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