My Listings

689 Frayne Rd
ML Mill Bay Mill Bay V0R 2P4

$1,500,000
Commercial Sale

Main Photo: 689 Frayne Rd in Mill Bay: ML Mill Bay Unimproved Land for sale (Malahat & Area)  : MLS®# 891177
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
891177
Development property with 3 road frontages and excellent frontage on the Trans Canada Highway, steps to Mill Bay Village surrounded by ocean view homes and neighbouring a motel. The approximately 2.97 acre site is currently zoned residential, designated Village Residential in the OCP providing for various multi-family, affordable housing or senior care site. There is a drilled well with approximately 30 GPM and may provide potential to connect to the Mill Bay Waterworks upon application and approval. There is a PLA underway close to final approval for subdivision to 2 lots, the lot is is cleared, perk tested and ready to go. Gently sloping to the east it yields some lovely ocean, Island and coastal mountain views. A perfect opportunity in the very popular and rapidly growing Mill Bay area currently enjoying extensive development.
Property Type:
Commercial Sale
Type:
Unimproved Land
Commercial Type:
Land
Lease Type:
Sale Price
Listing General Location:
ML Mill Bay, Malahat & Area
Bathrooms:
- (Full:-/Half:-)
Lot Size:
2.92 acre(s)
Taxes:
$2,326 / 2020
Building Features:
High Traffic Area, Visual Exposure
Foundation:
None
Electricity:
Yes
Commercial Area:
Other
Water supply:
Well: Drilled
Sewer:
Perc Test On File, Septic Needed, None
Fireplace:
No
Real Estate
Sign: Allowed
Mountain(s), Ocean
Head north on Trans Canada Hwy 1, turn right at Frayne Rd, then immediate left on Partridge. Property frontage on TC 1 and Partridge and Frayne
Main Level
0
Yes
No
Unrestricted
Assessed:
451000.0
Assessment year:
2020
Jurisdiction name:
Duncan Rural (765)
Legal Description:
Parcel A (DD 2749071) of Lot 19, District Lot 47, Malahat District, Plan 3479, except that part in Plan VIP53040; and; Lot A, District Lot 18, Malahat District, Plan VIP51425; and THAT PART OF LOT 19, DISTRICT LOT 47, MALAHAT DISTRICT, PLAN 3749, LYING TO THE NORTH EAST OF PLAN 570 RW, EXCEPT PARCEL A (DD 274907I) AND PLAN VIP53119; and LOT 1, DISTRICT LOT 47, MALAHAT DISTRICT, PLAN 21521 EXCEPT PART IN PLAN VIP52088.
Zoning:
R-3
Utilities:
Cable Available, Electricity Available, Natural Gas Available, Phone Available, See Remarks
Lot Site Features:
Acreage, Central Location, Cleared, Corner Lot, Easy Access, Irregular Lot, Level, Marina Nearby, Near Golf Course, Shopping Nearby, See Remarks
Parking Features:
On Site
Road Surface Type:
Paved
Date Listed:
Dec 06, 2021
Original Price:
1500000.0
  • Photo 1: 689 Frayne Rd in Mill Bay: ML Mill Bay Unimproved Land for sale (Malahat & Area)  : MLS®# 891177
    Photo 1 of 1
Data was last updated January 19, 2022 at 04:05 PM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$1,124,500
Min list price:
$125,000
Max list price:
$14,800,000
Avg days on market:
66
Min days on market:
37
Max days on market:
689
These statistics are generated based on the current listing's property type and located in Malahat & Area. Average values are derived using median calculations.
Sandy Clark Personal Real Estate Corporation
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.