20.0% price reduction

LOT A Paldi Rd, No City Value, BC

$12,000,000
Est. Mortgage /mo

MLS# R3003767

0 sqft
$12,000,000
$15,000,000
Est. /mo with 20% down
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

Property Details & Specs

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 -

Property Metrics

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

Additional Details

MLS® # R3003767
Building Name -
Area Out of Town
Neighbourhood Out of Town
City No City Value
Postal Code V0V 0V0
Price per Sqft -
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 -
Strata Restrictions -
Rental Restrictions -
Zoning CD-1
Rental Suites -
# of Kitchens -
Locker -
View Description -
Units In Development -

Property Timeline

Status Date Price
R3003767 / Active 05-05-2025 $12,000,000
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 & Transit Info

Private Schools

Elementary, Secondary
Queen Margaret's School
Above Average
9.55 km
9/10
Secondary
Island Oak High School
9.02 km

Closest Transit

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

Demographics

Post-Secondary Education
Below Average
10.6%
No Certificate/Degree
Above Average
17%
Owner Occupied
Average
63.7%
Employment Rate
Below Average
41.2%

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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $1,068
Maintenance fee 0
Financing 80% of the $12,000,000 asking price over 30 years at 4% results in approximately $46,900/month in total estimated carrying costs, $1,068 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
This listing generates an estimated $25,200/month in rental income, leaving a -$22,299/month cashflow at current carrying costs. Investors targeting break-even would need roughly 59% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $12,000,000
No City Value Loading...
Out of Town Loading...
No active comparables were found in Out of Town. Based on 2 similar Lands across No City Value, the average asking price is $8,246,333 — this listing is 45.5% above the city-wide average. This property is flagged as a Hot Deal (20.0% price reduction) based on its competitive pricing and market demand.
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

Property FAQs

What are the closest top-rated schools to LOT A Paldi Road, No City Value, BC?
The closest top-rated schools are Island Oak High School and Queen Margaret's School.
Is LOT A Paldi Road, No City Value, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for LOT A Paldi Road, No City Value, BC?
With a standard down payment, the estimated monthly mortgage is approximately $72,000.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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