- Active
3000 Oak Street
Chemainus · Multi-family
Listed by eXp Realty (NA) · MLS® 1051534
There is more to this listing. Create a free account to see the exact location, taxes, room sizes and price history.
Sign inAbout this home
15-UNIT MULTI-FAMILY DEVELOPMENT OPPORTUNITY – CHEMAINUS. Excellent opportunity to acquire an approved 15-unit multi-family development site at 3000 Oak Street in Chemainus. Development Permit DP000323 is approved and has been extended to June 26, 2028, providing valuable certainty and runway for a developer. The proposed four-storey apartment building forms Phase 4 of an established multi-family development, with a comprehensive professional package already completed, including architectural, civil servicing, landscape, geotechnical, stormwater, aquifer and fire-flow work. A manageable Vancouver Island multi-family project with significant planning and professional work already completed. Full development package available to qualified purchasers. Approved. Advanced. 15 units. Ready for the next developer to take it forward. Complete development package available upon execution of an NDA. Contact the Listing Agent for further information.
Home facts
- Lot size
- 16,160 sq ft
- Property type
- Multi-family
- Area
- Chemainus
- Listed
- October 5, 2026
- Structure
- Multi-Family
- PID
- 018-544-754
- Common interest
- Freehold
Features and inclusions
- Lot
- Central location, Rectangular
Rooms and building
- Water
- Zoning
- Unknown
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $4,261
- Property tax
- $258/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $4,669
Purchase snapshot
- List price
- $899,000
- Down payment
- $179,800 (20%)
- Estimated mortgage
- $719,200
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Moderate risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 37%