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Listing by Brad Archibald Colliers International (Nan)
$ 5,999,000
Est. payment | /mo
$ 5,999,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1040033
HOA Y/N No
Annual Tax Amount $25,415
Tax Year 2025
Property Sub-Type Multi Family
Property Description
New Reduced Price - 6.23 acre development property strategically located steps away from Cowichan Commons Shopping Centre and the new $1.5 Billion Cowichan District Hospital project which is now under construction. The future land use of the Property is defined within the Bell McKinnon Local Area Plan which designates the entire Property as "Residential Med (RM)"encouraging 2-3 storey townhouses and duplex/triplex development. The RM designation in the LAP suggests development of up to 3 storeys and maximum 1.2 Floor Area Ratio provided certain parking requirements are met. The site topography is flat and easy to develop. Contact listing agent for further details
Location
Province BC
County Duncan, City Of
Community Du East Duncan
Area Duncan
Zoning R1-U
Interior
Fireplace No
Exterior
Parking Features On Site
View Y/N false
Garage No
Building
Lot Description Acreage, Easy Access, Level
Sewer Septic System
Water Municipal
Others
Ownership Freehold
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