for sale:23 ACRE PRIME DEVELOPMENT SITECENTRAL VANCOUVER ISLAND LOCATION – MULTI FAMILY ZONING

IDEAL FOR PATIO HOMES & TOWN HOUSES AT THE CORNER OF THE ISLAND HIGHWAY AND COLUMBIA DRIVE IN FRENCH CREEK, B.C.

John Gantner250-240-3718(c)250-248-8371(o)john@johngantner.com(e) www.johngantner.com(w)

The property is ideally located between two of the most liveable communities on Vancouver Island. Both Parksville and Qualicum Beach are within a three to seven minute drive. Both communities are enjoying record home sale volumes with purchasers attracted by the most moderate climate in Canada, walkable sandy beaches and affordable home prices. A trip to Vancouver and the Lower Mainland is possible via Orca Airways located minutes away in Qualicum Beach or via BC Ferries and scheduled air service from Nanaimo which is about a 25-minute drive from French Creek. This quality of life and accessibility to needed services is why this area is Canada’s premier retirement destination.

FRENCH CREEK

John Gantner 250-240-3718(c) 250-248-8371(o) john@johngantner.com www.johngantner.com

LOCATION

French Creek is the center of Oceanside. The population of the area has grown to just over 45,000 residents. Less than five minutes away, Prospero Realty has begun major renovations to the Wembly Mall. The Mall has a new Save On Foods, Canadian Tire and Liquor Store, all of which compliments the existing Oceanside Arena. A short stroll to the French Creek waterfront finds an active commercial boat basin, a great retail fish store, along with the French Creek pub that is known by locals as a great spot for lunch.

The 23 acres is serviced with sewer, water from Epcor as well as Hydro, Fortis BC, Shaw and Telus. The property was configured into four development parcels, previously part of a larger comprehensive development plan.

PROPERTY PROFILE

SITE PLANThis never before offered for sale property forms the remaining undeveloped portion of the Admiral’s Point residential subdivision. Earlier phases were all single family and are completely built out. The overall master plan provided road access and utility service stubs at the boundary of the four parcels where they meet the existing single family properties on Viking Way, Admiral Tryon Boulevard and Columbia Drive. A review of the status of the property by Keith Brown, Development Consultant confirms that there is an existing development permit (DP 77) that remains valid as substantial commencement of the project occurred when Phase 1 of the project occurred. A copy of the Brown Review can be obtained by an email request to John@JohnGantner.com

Lot Land Area (ha) Land Area (Acres) Land Area (sf)2 2.353 5.814 253,275

3 3.41 8.426 367,0494 2.20 5.436 236,8065 1.42 3.508 152,848

John Gantner250-240-3718(c)250-248-8371(o)john@johngantner.com(e)www.johngantner.com(w)

PROPERTY DETAILS

LAND AREA: 9.38 ha (23.18 acres)

IMPROVEMENTS: Older caretaker cottage of no significant value

ZONING: Residential 5 (RS5) within Subdivision District R

ASSESSMENT:

GROSS TAXES: $14,873.37 (2014)

TITLE, CHARGES & ZONING: Available by request

Land $2,579,000.00Improvements $200.00Total $2,579,200.00

ASKING PRICE: $6,900,000.00 ($300,000.00 per acre)

Interested Parties can request additional information on the property by sending an email to John@johngantner.com. We will provide a review of Development Permit 77, a copy of the title and charges on title for each of the four parcels. The information package will also include zoning guidelines for Residential 5(RS5) Zoning plus a copy of the Assessments and Property Tax information.