The property consists of four titles:
1. PID 009-397-817, Parcel A (DD 32628I) of District Lot 282, Clayoquot District, Except Parts in Plans 29885 and 30749
2. PID 026-714-817, Lot A, District Lots 282 and 2181, Clayoquot District, Plan VIP81209
3. PID 001-342-932, Lot 2, District Lot 282, Clayoquot District, Plan 29885
4. PID 003-012-590, Lot B, District Lot 282, Clayoquot District, Plan 24315
The property includes a water lot lease. Water leases (or foreshore leases) are typically used for commercial operations. The term of the lease expires in 2013. Assuming that proper stewardship is exhibited, a water lease can typically be extended upon expiry. A copy of the lease is available in the Information Memorandum.
The property is serviced with electricity, water, sanitary sewer, telephone and cable.
Land Use & Zoning
The subject property is zoned Tourist Commercial (CS-5 Zone). This zoning designation is for commercial tourist accommodation facilities outside the main commercial area in the District of Ucluelet.
Permitted uses include resort condominiums (one unit per 250 m2), hotel and motel (one unit per 95 m2), campground (70 camping spaces per hectare, or 172 per acre), food catering facility, marina and related facilities, recreation facility, art gallery, tourist information booth, etc.
Building and structure specifications include a maximum lot coverage of 40%, and a maximum floor area ratio of 0.70. A copy of the zoning bylaw is included in Appendix B.
Financial information is available to qualified purchasers upon request.