LT 5 COLONIA DRIVE LADYSMITH

Ladysmith neighbourhood of Ladysmith British Columbia Canada
$6,150,000

LT 5 COLONIA DRIVE LADYSMITH

  • Price: $6,150,000
  • MLS Number: 436727
  • Property Type: Lots/Acreage

RARE FIND !! – 42 acres of Residential Single Family Zoning [R-1], inside the Town of Ladysmith, with an approved PLA for Phase 1 – 38 Lots, with the potential of up to 200 homes!! Prepaid DCCs of over $170,000. Excellent development lands, reasonable slopes of mostly gravel with no riparian areas or Speas. About 1/3 of the property has stunning views of the Strait of Georgia. Development requires a bridge on would become an extension of Colonia Drive, which is expected to become a shared cost of the estimate 1,000 homes in the Holland Creek Local Area over the next 10-20 years. Exempt from the Foreign Buyers Tax.

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Listing Brokerage: Royal LePage Nanaimo Realty Gabriola

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