Property Description
Great Investment opportunity. Location! Location! Location! Last development piece left of Prime property, just across $1 billion $ development just across from the new Cowichan District Hospital being built and will be in operation for service by Spring 2027. Two acres of prime development land, 5-6 stories Commercial at the bottom and Condo's up in Two Towers. House is currently rented for $3000 per month long term tenant month to month tenancy. This property with in Bell Mckinnon neighbourhood local area plan, designated as the "Core Village" per local area plan, this core villages 5-6 storey mixed use, please verify with Municipality of North Cowichan 250-746-3165. Two towers can be built, Commercial on main floor operating as community/institutional, health care, hi tech, office, retail on main floor. condo up with a floor area ratio of 1:5:1 up to 2:5:1 - Buyer to do their due diligence. Close to all amenities.
Property Details
MLS #:
1025648
ID #:
30591785
Type:
Commercial Sale
Sub-Type:
Mixed Use
Area:
Duncan
Sub-Area:
Du East Duncan
Status:
Active
Lot Size:
2.00 acres
Property Tax:
$10,051 (2025)
Days on Market:
114 days
Listing provided by Royal Pacific Realty Kingsway Ltd
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CMHC Insurance Required: Down payments less than 20% require mortgage default insurance.
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