2950 Elm St, Chemainus
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. (id:1945)
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Property details for 2950 Elm St, Chemainus
- Type
- Multi-family
- Lot Size
- 26.47
- Ownership
- Freehold
- Annual Taxes
- $22,124
Nearby Listings Stat
Estimated price and comparable properties near 2950 Elm St
Active Listings
67
Min Price
$195,000
Max Price
$7,955,000
Avg Price
$881,904
Days on Market
97
days
Sold Listings
15
Min Sold Price
$169,900
Max Sold Price
$1,249,000
Avg Sold Price
$678,820
Days until Sold
70
days
Neighbourhood Census Data
North Cowichan, British Columbia / Colombie-Britannique
Population
862
Median Age
58.2
Median Income
$31,787
Dwelling Value
$321,342
Housing Tenure
Owners 85%
Renters 16%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2
Pop. Density: 217.2/km²
Avg Shelter Cost: $812/mo
Owners with Mortgage: 41.9%
Owners Spending 30%+: 14.8%
Tenants Spending 30%+: 58.3%
English only: 96.5%
English and French: 4.1%
Median Household Income: $62,208
Median Employment Income: $22,240
Price History
Listed
April 30, 2026
by Coldwell Banker Oceanside Real Estate
Current Price
$7,955,000
Type
Multi-family
For Sale
