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Choose a REALTOR®
Listing REALTORS®
Erik Clevering, REALTOR<sup>®</sup>

Erik Clevering

REALTOR®

Engel & Volkers Vancouver Island North

Kelsey Savage, REALTOR<sup>®</sup>

Kelsey Savage

REALTOR®

Engel & Volkers Vancouver Island North

Choose a REALTOR®
Listing REALTORS®
Erik Clevering, REALTOR<sup>®</sup>

Erik Clevering

REALTOR®

Engel & Volkers Vancouver Island North

Kelsey Savage, REALTOR<sup>®</sup>

Kelsey Savage

REALTOR®

Engel & Volkers Vancouver Island North

Multi-family for sale

2980 Lofthouse Rd, Cassidy

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$13,250,000
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Multi-family for sale in Cassidy, 2980 Lofthouse Rd, 1041982 | Realtylink.org
Multi-family for sale in Cassidy, 2980 Lofthouse Rd, 1041982 | Realtylink.org Multi-family for sale in Cassidy, 2980 Lofthouse Rd, 1041982 | Realtylink.org Multi-family for sale in Cassidy, 2980 Lofthouse Rd, 1041982 | Realtylink.org Multi-family for sale in Cassidy, 2980 Lofthouse Rd, 1041982 | Realtylink.org
/en/multi-family~for-sale~cassidy/1041982
consumersite-GeographicArea3.cassidy

Features

Lifestyle
1041982 13250000 /en/multi-family~for-sale~cassidy/1041982/photos 49.1082600000 -123.8118400000 true
Floor Area
9,735 sqft
Lot Size
5,227,200 sqft
Gross Property Tax
$16,446 /year
Zoning
AG1
Total no. of Units
5

Personal note

1 January 0001

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Personal note

1 January 0001

Description

Introducing an exceptional and rare opportunity to acquire a one of a kind 120 acre oceanfront estate, strata titled and seamlessly connected to the sought after Cedar by the Sea area in South Nanaimo, with the seller open to accommodating a vendor takeback financing option. This remarkable property offers strong existing revenue and outstanding development potential, with zoning that supports agriculture, equestrian facilities, livestock operations, or vineyard development. Its scale and versatility make it ideal for multigenerational living, a private retreat, or a long term investment. Farm status may also be reinstated for significant property tax reductions. The estate features five ocean view homes generating rental income: three single family residences and one duplex on individual 1.2 acre titles, one including farm infrastructure. Current regulations may allow each lot to add suites and carriage homes, potentially enabling up to twelve income streams. At the heart of the offering is a spectacular 23 acre oceanfront parcel boasting 754 feet of easily accessible shoreline. This pristine coastline, home to whales, eagles, owls, and otters; offers a private driftwood beach and sweeping 180° views across the Gulf Islands to Vancouver. With municipal water and hydro at the lot line and previous farm status eligibility, it’s an ideal site for a dream residence or luxury estate. Offered as a complete corporate share sale including all 5 titles and land (with potential for individual sale), the purchaser will also assume control of the strata corporation governing approximately 95 acres of cleared farmland suited for livestock and equestrian use. Roughly half the acreage consists of fertile soil with ample water, ideal for crops or lease revenue, with identified sites for barns and facilities. Gently rolling and private, the land lies just ten minutes from Nanaimo’s full range of amenities. Don’t miss this rare offering of Vancouver Island’s untouched coastline.

Showing with the Listing REALTOR®

Book an appointment with the listing REALTOR® to tour the property at your own pace, in person.

Request a showing
Available Visit Options

Request a personalised showing with the listing REALTOR®, or add an open house event to your calendar to explore this property!

Showing with the Listing REALTOR®

Book an appointment with the listing REALTOR® to tour the property at your own pace, in person.

Request a showing

Location

Walk Score 2
In accordance with our Terms of Use, location data are provided to you “as-is”, without warranty. Any liability arising from location data is expressly excluded.

Listing REALTORS®

Erik Clevering
REALTOR®
Engel & Volkers Vancouver Island North
Kelsey Savage
REALTOR®
Engel & Volkers Vancouver Island North

Showing with the Listing REALTOR®

Book an appointment with the listing REALTOR® to tour the property at your own pace, in person.

Request a showing
Available Visit Options

Request a personalised showing with the listing REALTOR®, or add an open house event to your calendar to explore this property!

Showing with the Listing REALTOR®

Book an appointment with the listing REALTOR® to tour the property at your own pace, in person.

Request a showing

Personal note

1 January 0001

Calculators

Mortgage payments Property transfer tax Borrowing capacity

Mortgage payments

$

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13,250,000 $
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Monthly payment chart

Property transfer tax

$

Required field

1% of $200,000 0.00 $
2% of remaining value up to and including $2,000,000 0.00 $
3% of remaining portion over $2,000,000 0.00 $
Estimated Property Transfer Tax 0.00 $

Borrowing capacity

$

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  • Every 2 weeks
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Mortgage amount 0.00 $
  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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