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9658 Chemainus Road, Chemainus Chemainus

Price

$889,000

BedroomsNot listed

BathroomsNot listed

Size698 sqft

Year BuiltNot listed

Property TypeDetached Home

Property Taxes$14,674

Description

Prime Development Opportunity in Chemainus, Vancouver Island BC! This 3-lot land assembly located in the heart of Chemainus along a bustling commercial corridor. Surrounded by an abundance of amenities, including the downtown core and waterfront, this property is positioned for significant growth and development. Zoned Commercial 2, allowing for a diverse range of uses. The Official Community Plan (OCP) designates this site as Village Residential, encouraging 3-5 story developments that integrate housing and complimentary commercial spaces. Prime Location: Enjoy 247 feet of frontage on the newly improved main road, complete with concrete curbs, sidewalks on both sides, bike lanes, ornamental streetlights, and professional landscaping—offering excellent exposure and accessibility. Level lots with dual road frontages, making development efficient and versatile. Existing structure includes a 698 sq. ft. commercial building, originally a single-family residence, now converted and rented to a long-term tenant on a month-to-month basis. This rare assembly is ideally situated to support Chemainus's growing demand for housing and mixed-use developments. Perfect for developers seeking to capitalize on the area's increasing popularity & infrastructure enhancements. An information package is available upon request. Don’t miss out on this exceptional opportunity to shape the future of Chemainus. (id:39198)

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Listed By

The listing brokerage and/or agent is REMAX Professionals

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Property Dimensions


The Property Location

Mortgage Calculator

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Total Monthly Payment

$4,417 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$711,200

Total Interest Payments

$438,499

Total Payment (Principal + Interest)

$1,149,699


Discuss Your Options With Us Today

Cashflow Calculator

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Monthly Cash Flow

$300 / month


Monthly Expenses

-$1,700

Monthly Income

$2,000


Your monthly cash flow is positive

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Comber Friesen Group

Realtors

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Meet Alex & Georgia

Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.

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Engel & Võlkers Vancouver Island

735 Humboldt St, Victoria, BC V8W 1B1

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The listing data displayed is deemed reliable but is not guaranteed accurate by CREA®. The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association. Review our MLS® Data Disclosure if you have any further questions