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Block 1241 Malahat (Off) Hwy
ML Malahat Proper
Malahat
V0R 2W3
$19,999,900
Commercial Sale
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1033201
- Photos (19)
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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.
- Property Type:
- Commercial Sale
- Type:
- Unimproved Land
- Commercial Type:
- Land
- Lease Type:
- Sale of Assets
- Listing General Location:
- ML Malahat Proper, Malahat & Area
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 360.002 acre(s)146 hectare(s)
- Taxes:
- $16,390.24 / 2025
- Commercial Area:
- Other
- Fireplace:
- No
- Mountain(s), Valley, Ocean
- Nthbnd from Victoria up TC Hwy1, left to Sth Shawnigan Lake - highway frontage, follow hydro lines in; or top via end of Finalyson View Place.
- Main Level
- 0
- Yes
- No
- Unrestricted
- Assessed:
- 3333000.0
- Assessment year:
- 2026
- Jurisdiction name:
- Duncan Rural (765)
- Legal Description:
- BLOCK 1241, MALAHAT LAND DISTRICT, EXCEPT PLAN VIP85982
- Zoning:
- RUR-1 - Rural Resource
- Lot Site Features:
- Acreage, Cul-De-Sac, Easy Access, Hillside, Marina Nearby, Park Setting, Private, Recreation Nearby, Rural Setting, In Wooded Area, Wooded, See Remarks
- Parking Features:
- On Site
- Date Listed:
- Apr 23, 2026
- Original Price:
- 1.99999E7
Larger map options:
Listed by RE/MAX Camosun
Data was last updated April 23, 2026 at 08:05 PM (UTC)
- Guy Crozier
- RE/MAX CAMOSUN
- 250-744-3301
- Contact by Email
- Scott Marchant
- RE/MAX CAMOSUN
- 250-744-3301
- Contact by Email
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.

