$5,500,000

Investment For Sale In Duncan, British Columbia

$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

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