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Residential Property in Malahat & Area

$19,999,900

Block 1241 Malahat (Off) Hwy

Description

Premier 360-acre holding forming part of a rare 400-acre contiguous land assembly on the Malahat, one of Southern Vancouver Island’s most significant development opportunities. Strategically located just 15 minutes from Langford and Greater Victoria, this expansive parcel offers scale, highway frontage, and long-term upside. Zoned RUR-1 with a Forest Resource designation, it supports resource use today while positioning for future rezoning. Approximately 22 acres are designated for industrial use, enhancing flexibility for a mixed-use vision. Combined with the adjacent 40-acre Settlement Area parcel in the CRD, this assembly presents compelling potential for a master-planned community incorporating residential, commercial, and light industrial uses. Strong exposure to the Trans-Canada Highway, proximity to a former rail corridor, and potential for future access further elevate the opportunity. A landmark land banking or development asset in a rapidly growing corridor.

General

Property Type:Land
Title of Ownership:BLOCK 1241, MALAHAT LAND DISTRICT, EXCEPT PLAN VIP85982
Taxes:$16,390
Tax Year:2025

Site Influences

Lot SqFt: 15,681,600
Acres: 360.00
Water: None
Waste: None
Zoning: RUR-1 - Rural Resource
Lot Features: Acreage, Easy Access

Strata Lot Information

Rental Restrictions: Unrestricted

Details

MLS® NO: 1033165
Municipality: Malahat & Area
Beds: 0
Baths: 0
Finished Sq. Ft.:
Property Type: Land

Map

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Listed with:

RE/MAX Camosun
Phone: 250-589-5991 / Fax: 250-655-0618

RE/MAX Camosun
Phone: 250-213-8391 / Fax:

RE/MAX Camosun

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NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.