3.00 ACMultifamily$2,200,000Sale
3.00 AC
Multifamily
$2,200,000
Sale
John Morris
Oceanside Real Estate
The Space
Asking Price$2,200,000
Available Space3.00 AC
MLS® ID957640
ZoningR1 (Residential Rural)
SourceVictoria Real Estate Board
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
The Building
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.
Property TypeMultifamily
Building Size1,072 ft²
Lot Size3.00 AC
MLS® ID957640
ZoningR1 (Residential Rural)
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
NOTE: MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
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