2950 Elm St, Chemainus, BC

$7,955,000

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26.47

Acres

About 2950 Elm St

Comprehensive 26.46-acre development site (14.31 acres net after park dedication), partially serviced and zoned CD6 Chemainus Artisan Village for multifamily and mixed commercial-residential uses. The proposed PLA envisions a 2 phase (3 and 3) 6 - lot fee simple subdivision - having 4-5 multi-family lots and 1-2 mixed-use lots (5 to 6 storeys 400 ERUs or more 2:1 assisted living 3:1 LTC) - with the remainder dedicated to parkland, including Hermit Park trail dedication. Chemainus is a vibrant oceanside community celebrated for theatre, artisan shops, murals, scenic trails, beaches, golf and is a popular retirement community on Vancouver Island. Cafés, restaurants and other amenities are a short walking distance to the site, with convenient proximity to local airports, ferry terminals and hospitals. This development supports aging-in-place, providing retirees with suitable housing to stay in the community. VTB (1st mortgage only) available up to 60%, subject to seller terms / approval.

Features of 2950 Elm St

MLS® # 1032946
Price $7,955,000
Acres 26.47
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 2950 Elm St
Area Du Chemainus
City Chemainus
County North Cowichan, Municipality of
Province BC
Postal Code V0R 1K3

Amenities

View City, Mountain(s), Ocean
Is Waterfront No
Has Pool No

Interior

Fireplace No

Additional Information

Date Listed April 30th, 2026
Days on Market 133
Zoning CD6

Listing Details

OfficeColdwell Banker Oceanside Real Estate

Listing Map

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