LOT A Paldi Rd, No City Value, BC, MLS® R3003767

$12,000,000
Est. Mortgage /mo

20.0% price reduction

$12,000,000
$15,000,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
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LOT A Paldi Rd, No City Value, BC | MLS® R3003767 Property Details

20.0% price reduction

Vacant 196-acre lot on Paldi Rd, Cowichan Valley RD. Fantastic opportunity to invest in a large acreage with natural surroundings. Price includes approved water license & site servicing agreement enabling water & wastewater services to property & neighboring properties, including 15-yr latecomer agreement for those accessing water & wastewater services. Overall approval for 330 housing units & 100,000 SF commercial space, & the.re is development permit for the first 103 units of housing. CVRD may consider increasing the allocated density; buyer to verify development potential with CVRD. {Contact agent for details.) Court-Ordered Sale. Sold 'as is, where is.' Subject to court approval.

General Info

Price $12,000,000
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement Features BasementFeatures

Property Metrics

Year Built -
Age Of Building -
Building Type -
Property Type Land
Stories -
Building Features BuildingFeatures
Structures Land Only

Additional Details

MLS® # R3003767
Area Out of Town
Neighbourhood Out of Town
City No City Value
Gross Taxes $12,819
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

Utility Type Sanitary Sewer Nearby, Storm Sewer Nearby, Electricity Available, Natural Gas Not Available, Phone Nearby, Cable Not Available
Water (WaterSource) Other

Parking

Parking Type Front Access
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning CD-1
Rental Suites -
# of Kitchens -
Locker -
View Description -
Units In Development -

Property History

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Status Date Price

Listed by: Macdonald Commercial Real Estate Services Ltd.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Private Schools

Elementary, Secondary
Queen Margaret's School
9.55 km
Secondary
Island Oak High School
9.02 km

Closest Transit

Cowichan Valley F
Cowichan Lake at Kapoor (WB)
0.72 km
Skytrain
Skytrain @ Yvr-Airport Stn
66.36 km

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Welcome to LOT A Paldi Road, No City Value, BC!

As we explore this charming community, I'd like to share some insights that make this area truly special. Let's start with the schools. The closest elementary independent school to this home for sale, located at LOT A Paldi Road, is Queen Margaret's School, with a stellar rating of 9/10. This impressive school is just a short 9.55 km away, making it an excellent option for families. Just down the road, you'll find Island Oak High School, an independent secondary school with a No Rating, located 9.02 km from this home.

Safety First

When it comes to crime rates, the freshest data from Statistics Canada (2020) reveals that this neighbourhood has seen 588 disturbances. The overall crime rate near LOT A Paldi Road, No City Value, BC is 8,500.80, which is Average compared to other Canadian cities. However, year by year, the crime rate has decreased by 25.04%. This is a testament to the community's dedication to maintaining a safe environment.

Crime Breakdown

  • Drug crime rate: Below Average, with 130.11 incidents per 100,000 population.
  • Property crimes: Below Average, with 2,775.77 incidents per 100,000 population.
  • Violent crimes: Above Average, with 1,893.88 incidents per 100,000 population.

Getting Around

Just a short walk from this home for sale, you'll find the Cowichan Lake at Kapoor (WB) bus station, located 0.72 km away. This convenient transit option makes it easy to get around the city.

Demographics

  • Education: 10.6% of the population holds a university certificate/degree, which is Below Average compared to other BC neighbourhoods.
  • Income: The median household income is $60,544, which is Below Average compared to the BC average.
  • Mortgage rate: 63.7% of households in this census subdivision have a mortgage, which is Above Average.

Community Vibe

This community near LOT A Paldi Road, No City Value, BC is growing, with a population change of -1.2% between 2011 and 2016, which is Below Average. The average family size is 2.5, which is Low compared to the whole region. However, 63.8% of the population is married or living common law, which is Above Average.

Real Estate Insights

The average value of dwellings in this neighbourhood is $450,191, which is Above Average compared to other areas in British Columbia. Average owner payments are Average, with $1,132 spent per month, while tenants pay $747 per month, which is Low compared to other cities.

Language and Transportation

  • English and French speakers: 4.6%, which is Below Average.
  • English speakers only: 95.1%, which is Above Average.
  • Public transport users: 3.1%, which is Below Average.
  • Car users: 89.8%, which is Above Average.
  • Bicycle users: 1.6%, which is Above Average.
  • Walkers: 6.3%, which is Above Average.

Your Home Awaits!

LOT A Paldi Road, No City Value, BC MLS® R3003767 is a hidden gem waiting to be discovered. With its unique blend of natural beauty, convenient amenities, and community charm, this home is perfect for families and individuals looking for a peaceful retreat. Schedule a viewing today and experience it for yourself!

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $12,000,000
No City Value $1,615,000
Out of Town $2,128,333
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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