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2999 Drinkwater Rd, Duncan, BC, V9L 6C6

MLS® # 976511
Investment For Sale In Duncan, British Columbia
$5,500,000
2999 Drinkwater Rd, Duncan, BC - Other
2999 Drinkwater Rd, Duncan, BC - Outdoor With Facade
2999 Drinkwater Rd, Duncan, BC  - Other
2999 Drinkwater Rd, Duncan, BC  - Outdoor With Facade
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2999 Drinkwater Rd, Duncan, BC, V9L 6C6
$5,500,000

Property Information:

RARE OPPURTUNITY TO INVEST IN ALREADY ZONED MULTI FAMILY SITE. Zoned CD26 this multi-family property offers up to 51 densities. Centrally located in the Bell Mackinnon Corridor this property is close to many amenities including the newly under construction Cowichan District Hospital. North Cowichan official community plan promotes future growth in the area providing an excellent development opportunity. With future job growth coming, the seller has already taken the property through the rezoning process and has conceptual drawings for potential multifamily building. This property is encumbered by a convent that allows for relaxation on green space, tree canopy, 6 storeys and much more. Please contact listing agent for more information.

Property Features:

  • Annual Tax Amount: $12,373
  • Building Features: Shopping Nearby, Transit Nearby, Visual Exposure
  • Floor Space (approx): 1224 Square Feet
  • Lot Features: Central Location, Level, Recreation Nearby, Shopping Nearby
  • Lot Frontage: 30056 Square Feet
  • Lot Size: 0.69 Acres
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Multi Family
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • View: Other
  • Water Source: Municipal
  • Zoning: CD26
  • Sewer: Sewer To Lot
  • No. of Parking Spaces: 0

Courtesy of: eXp Realty

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

Location of 2999 Drinkwater Rd, Duncan, BC, V9L 6C6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

22 hot days expected in 2050

Projected Precipitation Risk: High

13 storms expected in 2050

Projected Heat Risk: Moderate-Low

22 hot days expected in 2050

30/100

Moderate-Low

ClimateCheck®

Current data

This property, 2999 Drinkwater Rd , experiences 7 hot days per year at around 29 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 22 hot days at 31.9 degrees Celsius.

Projected Avg. Temperature

Past
29℃
2050
31.9℃

# Hot Days Per Year

Past
7
2050
22

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

13 storms expected in 2050

88/100

High

ClimateCheck®

Current data

This property, 2999 Drinkwater Rd , experiences 12 significant 2-day storms per year, with about 505.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 585.3mm of precipitation per year.

Precipitation Per Storm

Past
505.6mm
2050
585.3mm

48-Hour Storms Per Year

Past
12
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 2999 Drinkwater Rd, Duncan, BC, V9L 6C6

Life Stage

Families with Tweens

Employment Type

Mixed

Average Household Income

$105,864.26

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.64 %

High school certificate or equivalent

43.0 %

Apprenticeship trade certificate/diploma

10.24 %

College/non-university certificate

20.96 %

University certificate (below bachelor)

0.43 %

University Degree

12.73 %

Commuter

Travel To Work

By Car

89.69 %

By Public Transit

0.0 %

By Walking

4.49 %

By Bicycle

1.68 %

By Other Methods

4.14 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

18.7 %

Houses

81.3 %

Own Vs. Rent