Incredible 1.0 acre development property backing onto $1.5 Billion Cowichan District Hospital & located within the Bell McKinnon Local Area Plan which designates the entire Property as "Residential Med (RM)" promoting 2-3 storey townhouses and duplex/triplex development. The future RM designation in the LAP suggests development of up to 3 storeys and maximum 1.2 Floor Area Ratio provided parking requirements are met. North Cowichan is planning for a sewer connection in the future which (after connection and removal of current septic field) could make the 1 acre plot sub-dividable. Current 3 bed 2 bath home with a detached garage, tool shed and garden shed. Yard boasts many productive fruit trees. Buy now for development, invest in a rental and future development profits, or purchase an exquisitely maintained home that could possibly be sub divided for both rental and or living as well as development potential. Interior photos upon request. Buyer to do due diligence re: dev & sub.div.
Property Type:
Residential
Type:
Single Family Residence
Year built:
1971
(Age: 53)
Living Area:
2,216 sq. ft.205.873 m2
Listing General Location:
Du East Duncan, Duncan
Bedrooms:
3
Bathrooms:
2.0
(Full:-/Half:-)
Lot Size:
1 acre(s)0.405 hectare(s)
Kitchens:
1
Construction:
Frame Wood, Insulation All, Stucco & Siding
New Construction:
No
Basement:
None
Foundation:
Concrete Perimeter
Roof:
Asphalt Shingle
Other Structures:
Storage Shed, Workshop
Total Building Area:
2,546 sq. ft.236.531 m2
Total Unfinished Area:
330 sq. ft.30.658 m2
# Bedrooms or Dens Total:
3
# Main Level Bedrooms:
0
# Second Level Bedrooms:
3
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
0
# Second Level Bathrooms:
1
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
1
# Other Level Bathrooms:
0
# Main Level Kitchens:
0
# Second Level Kitchens:
1
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
845 sq. ft.78.503 m2
Living Area Main Floor:
1,371 sq. ft.127.37 m2
Living Area Other Floor:
0 sq. ft.0 m2
Living Area 2nd Floor:
0 sq. ft.0 m2
Living Area 3rd Floor:
0 sq. ft.0 m2
Fireplaces:
2
Fireplace Details:
Wood Burning
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Septic System
Cooling:
Air Conditioning
Heating:
Forced Air, Heat Pump
Fireplace:
Yes
Dishwasher, F/S/W/D
Dining Room, French Doors, Wine Storage, Workshop
Insulated Windows
Balcony/Deck, Balcony/Patio, Garden
From TCH North turn right on Bell McKinnon and right onto Ortona, left hand side no sign.
Data was last updated November 10, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
165
Avg list price:
$889,000
Min list price:
$159,900
Max list price:
$6,490,000
Avg days on market:
66
Min days on market:
4
Max days on market:
500
Avg price per sq.ft.:
$422.41
These statistics are generated based on the current listing's property type
and located in
Du East Duncan. Average values are
derived using median calculations.