2950 Elm St, CHEMAINUS

2026-05-03

2950 Elm St, CHEMAINUS, British Columbia

For Sale Multi-family
$7,955,000

MLS®#1032946

Comprehensive 26.46-acre development site (14.31 acres net after park dedication), partially serviced and zoned CD6 Chemainus Artisan Village for multifamily and mixed commercial-residential uses. The proposed PLA envisions a 2 phase (3 and 3) 6 - lot fee simple subdivision - having 4-5 multi-family lots and 1-2 mixed-use lots (5 to 6 storeys 400 ERUs or more 2:1 assisted living 3:1 LTC) - with the remainder dedicated to parkland, including Hermit Park trail dedication. Chemainus is a vibrant oceanside community celebrated for theatre, artisan shops, murals, scenic trails, beaches, golf and is a popular retirement community on Vancouver Island. Cafés, restaurants and other amenities are a short walking distance to the site, with convenient proximity to local airports, ferry terminals and hospitals. This development supports aging-in-place, providing retirees with suitable housing to stay in the community. VTB (1st mortgage only) available up to 60%, subject to seller terms / approval. (id:32467)

Building Multi-family
Rooms
Bedrooms
Bathrooms 0
Square Footage 0 ft²
Built in
Parking Type
Neighbourhood CHEMAINUS

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Your One Percent Realty
Commission savings†

$500,000

† Saving calculated using a sample cooperating commission of 1% to the buyer's agent compared to other agents charging 7% on the first $100,000 & 2.5% on the balance. There is no standard industry commission and cooperating commission options can be discussed with your agent.

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Per
Per Dahlstrom

REALTOR®

oneper@shaw.ca

(250) 732-3137

Support Area:
Duncan,Cowichan Bay,Mill Bay,Ladysmith,Chemainus,Cowichan Lake,Crofton,Shawnigan Lake,Lake Cowichan,Youbou,Honeymoon Bay,Saltair,Cobble Hill,Langford,Malahat,Cedar,Mill bay

Your local Cowichan Valley and area Real Estate professional. Licensed since 2003, I have worked with One Percent Realty since it was established on Vancouver Island. Since you work hard for your money, I strongly believe One Percent Realty is the best value real estate service available bar none. With Full MLS...