- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 935923
- Photos (17)
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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 as some point in the near future which (after connection and removal of current septic field) could make the 1 acre plot sub-dividable. Current 3 bed 2 bath home is 2216 square feet and renovated. Buy now for potential 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 on request. Buyers to do their own due diligence about subdivision and development.
- Property Type:
- Commercial Sale
- Type:
- Other
- Commercial Type:
- Land, Building
- Lease Type:
- Sale Price
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- Du East Duncan, Duncan
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 1 acre(s)
- Taxes:
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- Pending Date:
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- From TCH Northbound turn right onto Bell McKinnon and right onto Ortona
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Parking Features:
- On Site
- Road Surface Type:
- Paved
- Total Units:
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- Date Listed:
- Jun 28, 2023
- Original Price:
- 1600000.0
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Listed by Royal LePage Duncan Realty
Data was last updated October 3, 2024 at 08:05 PM (UTC)
Area Statistics
- Listings on market:
- 14
- Avg list price:
- $2,200,000
- Min list price:
- $175,000
- Max list price:
- $9,500,000
- Avg days on market:
- 65
- Min days on market:
- 2
- Max days on market:
- 657
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.
- SHERYL JARDINE
- ROYAL LEPAGE DUNCAN REALTY
- 1 (250) 6619754
- Contact by Email
Sheryl Jardine
Royal LePage Duncan Realty
Office Address:
371 Festubert Street
Duncan, BC, V9L 3T1