RARE OPPURTUNITY TO INVEST IN ALREADY ZONED MULTI FAMILY SITE. Zoned CD26 this multi-family property offers up to 51 densities. Centrally located in the Bell Mackinnon Corridor this property is close to many amenities including the newly under construction Cowichan District Hospital. North Cowichan official community plan promotes future growth in the area providing an excellent development opportunity. With future job growth coming, the seller has already taken the property through the rezoning process and has conceptual drawings for potential multifamily building. This property is encumbered by a convent that allows for relaxation on green space, tree canopy, 6 storeys and much more. Please contact listing agent for more information.
| Address |
2999 Drinkwater Rd |
| List Price |
$5,500,000 |
| Property Type |
Commercial Sale |
| Type of Dwelling |
Multi Family |
| Area |
Duncan |
| Sub-Area |
Du West Duncan |
| Lot Size |
30056 Sq. Ft. |
| Lot Size Acres |
0.69 Ac. |
| MLS® Number |
976511 |
| Listing Brokerage |
eXp Realty
|
| Postal Code |
V9L 6C6 |
| Tax Amount |
$12,373 |
| Tax Year |
2024 |
| Amenities |
Central Location, Level, Recreation Nearby, Shopping Nearby |
