HIGH-IMPACT DEVELOPMENT OPPORTUNITY – 2-LOT ASSEMBLY Seize the potential of this prime development site, designated University Village Mid-Rise Residential Comprehensive Development Zone (CD14). Whether you envision a vibrant townhome community or a modern mid-rise apartment complex, this property is a blank canvas ready for your vision. With over $60K invested in project readiness—including demolition, an appraisal, geotechnical studies, a Phase 1 environmental assessment, survey, and conceptual drawings—much of the groundwork is complete, allowing you to focus on execution. Located within walking distance to downtown’s shops and cafés, the Cowichan Community Centre, sports complex, pool, and theatre, this site offers a rare blend of convenience, lifestyle, and future growth potential. The most recent land appraisal exceeded $1.5M, reinforcing its exceptional investment value. Full development package available with signed CA.