About This Property
*Foreign Buyer Ban Exempt* A once-in-a-generation opportunity in one of Canada’s most distinguished coastal enclaves. Set along Oak Bay’s prestigious Beach Drive, this rare assembly offers two titles, more than 1,000 feet of shoreline with private beach access, an exceptional buildable envelope, and panoramic views of the Haro Strait including Mount Baker to the Olympic Mountains. Neighbouring pre-existing multi-family buildings and Oak Bay’s signature amenities: Victoria Golf Club, Oak Bay Beach Hotel, and Oak Bay Marina, underscore the site’s suitability for a landmark, legacy-scale project. Importantly, the new Official Community Plan identifies these properties within a special study area for “larger sites and (multi lot) areas to be comprehensively planned and designed” for future land use changes, further highlighting their suitability for high-value redevelopment. The groundwork is done. The site is professionally cleared and surveyed, and is supported by complete geotechnical, environmental, traffic, and servicing reports, streamlining due diligence for visionary purchasers. Whether advancing a best-in-class coastal development or securing a blue-chip land hold, this is Vancouver Island’s largest, most central, and sought after developable oceanfront opportunity in one of the country’s most resilient real estate markets. Get in touch with us today to explore the possibilities. (id:64973)
Video Tour
Property Details
Location
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Canadian Real Estate Association. Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the FVREB, REBGV or CADREB, which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver, the Fraser Valley Real Estate Board, or the Chilliwack and District Real Estate Board.