Prime development opportunity for 1.8-acres water on site, sewer available located along Averill Creek in the high density growth area of North Cowichan across from the Cowichan Common shopping centre. The site area is level and easy to build on. The two adjacent properties are zoned R8 & CD17 with 5 story condos, and this one may have a possibility for six stories buyer to verify. This development site is situated along the peaceful creek in the beautiful Cowichan Valley, in the city of Duncan, British Columbia. The Cowichan Commons location offers, shopping, transit, and steps to trails that lead to Vancouver Island University and the core of Duncan and a few minute drive to the new Cowichan Hospital. Potential R8 - Residential Multi-Family Zone allows for 1:1 FSR buyer to confirm buildable site area site survey available.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Year built:
2006
(Age: 19)
Lease Type:
Sale Price
Listing General Location:
Du West Duncan, Duncan
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
1.8 acre(s)0.73 hectare(s)
Taxes:
$5,847.17 /
2024
Building Features:
Basement, Transit Nearby
Construction:
Stucco
Foundation:
Concrete Perimeter
Floor finish:
Mixed
Total Building Area:
3,572 sq. ft.332 m2
Commercial Area:
Core (excl Downtown)
Water supply:
Municipal
Sewer:
Sewer Available
Cooling:
Central Air
Heating:
Geothermal
Fireplace:
No
Pending Date:
Feb 07, 2025
Date Sold:
Apr 15, 2025
Fencing: Partial
Mountain(s)
off Green road south side of Walmart
Main Level
0
Yes
No
Unrestricted
Assessed:
1058000.0
Assessment year:
2024
Jurisdiction name:
City of Duncan
Legal Description:
Lot 1, Section 2, Range 5, Somenos District, Plan 15559 except any portion of the bed of Averill Creek as shown on said plan (see DD 3164771)