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Informations principales sur l'investissement

  • 700± acres of waterfront and hillside land with approved master plan and zoning
  • Designations include golf, marina, commercial, and lifestyle amenities
  • Excellent connectivity via Highway 19A and proximity to airports and ferry terminals
  • Multi-phase community opportunity featuring residential, mixed-use, and resort components
  • Panoramic views of Baynes Sound, Vancouver Island mountains, and Cascade ranges
  • Potential eligibility for Managed Forest Land program offering tax savings and revenue stream

Résumé analytique

An exceptional court-ordered investment opportunity in Union Bay, British Columbia, offering approximately 700 acres of waterfront and hillside development land within the scenic Comox Valley. This large-scale, master-planned community site is fully zoned with an approved development framework supporting mixed-use potential. Parcels are designated for residential, commercial, institutional, resort, recreational, and marina uses, providing developers with flexibility to deliver a phased, multi-use community that meets future market demand.
The property features sweeping 360-degree views of Baynes Sound and surrounding mountain ranges, making it an attractive lifestyle destination. With comprehensive zoning and servicing plans in place, this offering benefits from a unique approval structure, extensive frontage, and designation that includes opportunities for managed forest status—unlocking tax incentives and timber revenue potential. Located between Courtenay/Comox and Nanaimo, Union Bay enjoys excellent connectivity via Island Highway and regional airports, with easy access to Vancouver, Victoria, and the mainland. This rare development-scale landholding is ideally situated for long-term growth in one of the fastest-growing regions of Canada.

Informations sur l’immeuble

Type de vente Investissement
Condition de vente Vente désignée par le tribunal
Nb de lots 4
Type de bien Terrain
Sous-type de bien Terrain commercial
Usage proposé
Local commercial
  • À usage mixte
  • Logement
  • Lots d’appartement
  • Appartements en copropriété
  • Port de plaisance
  • Communauté planifiée
  • Restaurant
  • Développement de lot unifamilial
Surface totale du lot 277,43 ha
Zonage MUCR - (Mixed-Use Commercial Residential)

4 Lots disponibles

Lot CDA-1

Surface du lot 208,65 ha

CBRE has been engaged via Court-Order Conduct of Sale to offer the sale of approximately 656-740 acres* of land in Union Bay, British Columbia (the “Development Lands”)

Lot CDA-3

Surface du lot 7,09 ha

CBRE has been engaged via Court-Order Conduct of Sale to offer the sale of approximately 656-740 acres* of land in Union Bay, British Columbia (the “Development Lands”)

Lot CDA-4

Surface du lot 51,19 ha

CBRE has been engaged via Court-Order Conduct of Sale to offer the sale of approximately 656-740 acres* of land in Union Bay, British Columbia (the “Development Lands”)

Lot CDA-5

Surface du lot 10,5 ha

CBRE has been engaged via Court-Order Conduct of Sale to offer the sale of approximately 656-740 acres* of land in Union Bay, British Columbia (the “Development Lands”).

Description

The site is anchored by a 2017-approved Master Development Agreement (MDA) that envisions a vibrant, multi-phase community with over 2,800 residential units, a 188-berth marina, hotel and spa, golf course, commercial and institutional uses, and over 160 acres of green space. CDA-3, a waterfront parcel, is designated as the mixed-use core and marina hub, while CDA-1 spans hillside and waterfront segments with zoning for residential, institutional, and resort accommodations. CDA-4 and CDA-5 offer additional residential and institutional development potential, with proximity to the marina and core amenities. The property benefits from partial servicing and is poised to connect to the Comox Valley Sewer Extension South Project, which received $30 million in provincial funding and is scheduled for completion by 2028. Additionally, parcels CDA-1 and CDA-4 may qualify for BC’s Private Managed Forest Land designation, offering tax incentives and timber revenue opportunities.

Plutôt praticable à pied
30/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun limités
30/100
Moyennement praticable en vélo
60/100
  • ID de l’annonce: 37380908

  • Date de mise sur le marché: 22/08/2025

  • Dernière mise à jour:

  • Adresse: 5737 Highway Island S, Courtenay, BC V9N 9S2

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