$1,600,000
2821 Ortona Rd Duncan, BC V9L 3W8
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
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$1,600,000
Est. payment /mo
1 Acres Lot
UPDATED:
05/15/2024 05:38 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 935923
Rental Info Unrestricted
Annual Tax Amount $5,100
Tax Year 2022
Lot Size 1.000 Acres
Acres 1.0
Property Description
Incredible 1.0 acre development property backing onto $1.5 Billion Cowichan District Hospital & located within the Bell McKinnon Local Area Plan which designates the entire Property as "Residential Med (RM)" promoting 2-3 storey townhouses and duplex/triplex development. The future RM designation in the LAP suggests development of up to 3 storeys and maximum 1.2 Floor Area Ratio provided parking requirements are met. North Cowichan is planning for a sewer connection as some point in the near future which (after connection and removal of current septic field) could make the 1 acre plot sub-dividable. Current 3 bed 2 bath home is 2216 square feet and renovated. Buy now for potential development, invest in a rental and future development profits, or purchase an exquisitely maintained home that could possibly be sub divided for both rental and or living as well as development potential. Interior photos on request. Buyers to do their own due diligence about subdivision and development.
Location
Province BC
County North Cowichan, Municipality Of
Area Duncan
Zoning R1
Direction From TCH Northbound turn right onto Bell McKinnon and right onto Ortona
Exterior
Parking On Site 1
Others
Pets Allowed Yes
Ownership Freehold
Acceptable Financing Purchaser To Finance
Listing Terms Purchaser To Finance
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Listed by Royal LePage Duncan Realty
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