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- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 920510
- Photos (6)
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5.59 acre development property located steps away from the new $887 million Cowichan District Hospital project. The new hospital has been officially announced and site preparation is underway. 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. The property is improved with two single family dwellings and a detached garage offering potential holding income for buyers. All measurements are approximate and buyers are to verify measurements if important.
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building, Land
- Lease Type:
- Sale Price
- Listing General Location:
- Du East Duncan, Duncan
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 5.59 acre(s)
- Taxes:
- $18,757.6 / 2022
- Construction:
- Frame Wood
- Floor finish:
- Mixed
- Commercial Area:
- Not Applicable
- Water supply:
- Municipal
- Sewer:
- Septic System
- Heating:
- Forced Air, Heat Pump, Wood
- Fireplace:
- No
- Main Level
- 0
- Yes
- No
- Unrestricted
- Assessed:
- 3285100.0
- Assessment year:
- 2022
- Jurisdiction name:
- District of North Cowichan
- Legal Description:
- Lot K, Plan VIP2758, Section 8, Range 6, Somenos Land District, Except those parts in Plans 4540 5283 and 9743
- Zoning:
- A2
- Legal Non-Conformance:
- No
- Occupancy:
- Owner
- Lot Site Features:
- Acreage, Easy Access, Irregular Lot, Level
- Parking Features:
- On Site
- Road Surface Type:
- Paved
- Total Units:
- 0
- Date Listed:
- Dec 16, 2022
- Original Price:
- 7250000.0
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Listed by Colliers International (Nan)
Data was last updated October 18, 2024 at 08:05 AM (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:
- 80
- Min days on market:
- 17
- Max days on market:
- 672
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.
- Keith Bogard
- Pemberton Holmes - Nanaimo
- 250-668-7171
- Contact by Email
- Mistie Bogard
- Pemberton Holmes - Nanaimo
- 250-816-2618
- Contact by Email
Keith & Mistie Bogard
Your Island Real Estate Experts!
Office Address:
640 Terminal Avenue N.
Nanaimo, BC, V9S 4K2