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Listing by Patrick Gunville CBRE Limited
$3,900,000
Est. payment /mo
3 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1023944
HOA Y/N No
Tax Year 2025
Lot Size 3.000 Acres
Acres 3.0
Property Sub-Type Unimproved Land
Property Description
CBRE Limited is pleased to present a rare residential development opportunity in the Bell McKinnon growth corridor of North Cowichan. The offering comprises a ±3.00-acre, flat and rectangular site consisting of two legal parcels, well suited for medium-density residential redevelopment.
The property is designated Village Residential under the Official Community Plan and Residential – Medium under the Bell McKinnon Local Area Plan, supporting multi-family and townhouse forms with three to five storey built forms and FARs up to approximately 1.2, subject to approvals. Preliminary analysis indicates potential for substantial buildable density in one of Southern Vancouver Island's fastest-growing residential areas.
Located just north of downtown Duncan with convenient access to Highway 1, the site benefits from proximity to major retail, services, and the future Cowichan District Hospital, supporting strong long-term residential demand.
The property is designated Village Residential under the Official Community Plan and Residential – Medium under the Bell McKinnon Local Area Plan, supporting multi-family and townhouse forms with three to five storey built forms and FARs up to approximately 1.2, subject to approvals. Preliminary analysis indicates potential for substantial buildable density in one of Southern Vancouver Island's fastest-growing residential areas.
Located just north of downtown Duncan with convenient access to Highway 1, the site benefits from proximity to major retail, services, and the future Cowichan District Hospital, supporting strong long-term residential demand.
Location
Province BC
County North Cowichan, Municipality Of
Community Du East Duncan
Area Duncan
Zoning R1-BM
Interior
Fireplace No
Exterior
Parking Features On Site
View Y/N false
Garage No
Others
Ownership Freehold
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