1201/1251 Christie Rd, UI Duncan

$2,200,000

0 Beds
0 Baths
206,039 Sqft
4.73 Acres
0 Garages

**New Price** Development site in close proximity to Ladysmith’s town centre. 1201/ 1251 Christie Rd totals 4.7 acres, with 3 road frontages - all zoned for multi-family. There is a development permit issued for 66 townhouse units plus additional duplex lot. Existing site layout gives a ~cost per buildable ft2 at just over $21 – lots of room for builder’s profit. Build to existing plans or approach Ladysmith for further densification / rezoning. Apartments? Senior living facilities? Ocean views may be possible at certain heights with selective tree removal. With almost 445 feet of frontage on the Trans-Canada highway, the savvy buyer will have many different opportunities to monetize. VTB is possible for the right buyer, as is a share purchase to eliminate PTT.

Essential Information
MLS® #413368
Price$2,200,000
Square Footage206,039
Acres4.73
TypeLand
StatusCurrent
Community Information
Address1201/1251 Christie Rd
SubdivisionUIDu Ladysmith
CityUI Duncan
ProvinceBC
Postal CodeV9G 1L1
School Information
ElementaryUp-Island School
MiddleUp-Island School
HighSee Remarks
Additional Information
Date ListedJuly 10th, 2019
Days on Market3
ZoningMulti-Family
Office

Royal LePage Coast Capital - Chatterton

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