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$ 3,375,000
Est. payment /mo
Active
2999 Drinkwater Rd Duncan, BC V9L 6C6
0.69 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 994225
Rental Info Unrestricted
Annual Tax Amount $12,374
Tax Year 2024
Lot Size 0.690 Acres
Acres 0.69
Property Sub-Type Multi Family
Property Description
Exceptional Developer Opportunity – PRIME LOCATION! DEVELOPERS TAKE NOTE – ALL THE HARD WORK IS DONE! This ZONED and ready-to-build site is strategically located directly across from the Cowichan Commons Shopping Centre, offering unbeatable exposure and convenience. Situated in the highly sought-after Bell McKinnon OCP, this is one of the few properties in the area near permitting, making it a unique and time-sensitive opportunity for developers. A covenant is registered on the title protecting several key advantages for this property, including no Park DCCs required for development; reducing upfront costs, 6-storey development permitted; unlocking maximum potential, potential for 11 two-story townhomes and 41 - condo units, a relaxation on green space requirements. Take advantage of this rare, pre-approved opportunity in a thriving location with future growth potential. Contact the listing agent today for more information!
Location
Province BC
County North Cowichan, Municipality Of
Area Duncan
Zoning CD26
Exterior
Parking On Site 1
View Y/N Yes
View Other
Building
Lot Description Central Location, Level, Recreation Nearby, Shopping Nearby
Sewer Sewer To Lot
Water Municipal
Others
Pets Allowed Yes
Tax ID 003-887-669
Ownership Freehold
Acceptable Financing Purchaser To Finance
Listing Terms Purchaser To Finance
Listed by eXp Realty (NA)