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