$2,000,000
$2,200,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
3 Acres Lot
SOLD DATE : 07/30/2024
Key Details
Sold Price $2,000,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 957640
Sold Date 07/30/24
Rental Info Unrestricted
Annual Tax Amount $9,425
Tax Year 2022
Lot Size 3.000 Acres
Acres 3.0
Property Sub-Type Multi Family
Property Description
Multi Family development site defined in the Core Village area of the Bell McKinnon Local Area Plan (LAP). The LAP identifies this property as potential Residential-Med (2 -3 storey townhouses and duplex/triplex). A block away from the Cowichan Commons shopping center and in close proximity to the Cowichan District Hospital (CDH) site. The construction of the CDH is an approx. $885 million project; construction started in late 2022. The area is seeing significant growth and development with addt'l significant infrastructure projects under construction, including a new high school and several addt'l commercial and residential projects. The Cowichan Valley is seeing an influx of population growth due to the attractive lifestyle, affordability, vibrant job market, high quality of life and its close proximity to Langford/Victoria. The property has a small residence that is not valued as part of this offering-rented $950/month-value is land only. Present zoning is R1.
Location
Province BC
County North Cowichan, Municipality Of
Area Du West Duncan
Zoning R1 (Residential Rural)
Exterior
Parking On Site 1
Utilities Available See Remarks
View Y/N 1
View Mountain(s), Valley
Building
Lot Description Acreage, Central Location, Cleared, Easy Access, Family-Oriented Neighbourhood, Level, Near Golf Course, No Through Road, Park Setting, Pasture, Private, Quiet Area, Recreation Nearby, Rectangular Lot, Rural Setting, Shopping Nearby, In Wooded Area
Sewer Other
Water Municipal, Other
Others
Tax ID 003-670-031, 001-592-718
Ownership Freehold
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Sutton Group-West Coast Realty (Dunc)
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "