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Renanza Realty
For sale

Block 1241 Malahat (Off) Hwy

Malahat, British Columbia

MLS® 1033165

$19,999,900

Status
Active
Property type
Vacant land
MLS® number
1033165
Bedrooms
0
Bathrooms
0
Year built

Listing 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.

Property summary

MLS® number
1033165
Property type
Vacant Land
Title
Freehold
Land size
360 acres
Annual property taxes
$16,390.24
Parking
1000 spaces
Days on market
149 days

Features & details

Lot features
Acreage, Other
View
Mountain view, Ocean view, Valley view

What would this home cost you?

Based on the $19,999,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$93,056 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX Camosun, Sidney.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.