Block 1241 Malahat (off) Hwy, Malahat
Premier 360-acre holding forming part of a rare 400-acre contiguous land assembly on the Malahat, one of Southern Vancouver Island’s most significant development opportunities. Strategically located just 15 minutes from Langford and Greater Victoria, this expansive parcel offers scale, highway frontage, and long-term upside. Zoned RUR-1 with a Forest Resource designation, it supports resource use today while positioning for future rezoning. Approximately 22 acres are designated for industrial use, enhancing flexibility for a mixed-use vision. Combined with the adjacent 40-acre Settlement Area parcel in the CRD, this assembly presents compelling potential for a master-planned community incorporating residential, commercial, and light industrial uses. Strong exposure to the Trans-Canada Highway, proximity to a former rail corridor, and potential for future access further elevate the opportunity. A landmark land banking or development asset in a rapidly growing corridor. (id:1945)
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Property details for Block 1241 Malahat (off) Hwy, Malahat
- Type
- Lots and Land
- Lot Size
- 360
- Ownership
- Freehold
- Annual Taxes
- $16,390
Nearby Listings Stat
Estimated price and comparable properties near Block 1241 Malahat (off) Hwy
Active Listings
11
Min Price
$290,000
Max Price
$19,999,900
Avg Price
$4,618,673
Days on Market
128
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Cowichan Valley A, British Columbia / Colombie-Britannique
Population
537
Median Age
54.8
Median Income
$40,768
Dwelling Value
$648,259
Housing Tenure
Owners 71%
Renters 29%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2
Pop. Density: 42.5/km²
Avg Shelter Cost: $1,530/mo
Owners with Mortgage: 51.7%
Owners Spending 30%+: 24.1%
Tenants Spending 30%+: 41.7%
English only: 89.7%
English and French: 10.3%
Median Household Income: $74,325
Median Employment Income: $24,384
Price History
Listed
April 23, 2026
by RE/MAX Camosun
Current Price
$19,999,900
Type
Lots and Land
For Sale