$ 7,250,000
2794 & 2796 Herd Rd Duncan, BC V9L 6A3
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 7,250,000
Est. payment /mo
Active
2794 & 2796 Herd Rd Duncan, BC V9L 6A3
5.59 Acres Lot
UPDATED:
11/23/2023 04:45 PM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 920510
Rental Info Unrestricted
Annual Tax Amount $18,757
Tax Year 2022
Lot Size 5.590 Acres
Acres 5.59
Property Description
5.59 acre development property located steps away from the new $887 million Cowichan District Hospital project. The new hospital has been officially announced and site preparation is underway. The future land use of the Property is defined within the Bell McKinnon Local Area Plan which designates the entire Property as "Residential Med (RM)" encouraging 2-3 storey townhouses and duplex/triplex development. The RM designation in the LAP suggests development of up to 3 storeys and maximum 1.2 Floor Area Ratio provided certain parking requirements are met. The site topography is flat and easy to develop. The property is improved with two single family dwellings and a detached garage offering potential holding income for buyers. All measurements are approximate and buyers are to verify measurements if important.
Location
State BC
County Duncan, City Of
Area Du East Duncan
Zoning A2
Interior
Heating Forced Air, Heat Pump, Wood
Flooring Mixed
Exterior
Parking On Site 1
Building
Lot Description Acreage, Easy Access, Irregular Lot, Level
Sewer Septic System
Water Municipal
Structure Type Frame Wood
Others
Tax ID 004-244-494
Ownership Freehold
Listed by Colliers International (Nan)