Duncan, BC V9L 3W8,2821 Ortona Rd
Duncan, BC V9L 3W8,2821 Ortona Rd
Duncan, BC V9L 3W8,2821 Ortona Rd
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$1,600,000
Est. payment /mo
1 Acres Lot
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UPDATED:

05/15/2024 05:38 PM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID 935923

Rental Info Unrestricted

Annual Tax Amount $5,100

Tax Year 2022

Lot Size 1.000 Acres

Acres 1.0

Property Description

Incredible 1.0 acre development property backing onto $1.5 Billion Cowichan District Hospital & located within the Bell McKinnon Local Area Plan which designates the entire Property as "Residential Med (RM)" promoting 2-3 storey townhouses and duplex/triplex development. The future RM designation in the LAP suggests development of up to 3 storeys and maximum 1.2 Floor Area Ratio provided parking requirements are met. North Cowichan is planning for a sewer connection as some point in the near future which (after connection and removal of current septic field) could make the 1 acre plot sub-dividable. Current 3 bed 2 bath home is 2216 square feet and renovated. Buy now for potential development, invest in a rental and future development profits, or purchase an exquisitely maintained home that could possibly be sub divided for both rental and or living as well as development potential. Interior photos on request. Buyers to do their own due diligence about subdivision and development.

Location

Province BC

County North Cowichan, Municipality Of

Area Du East Duncan

Zoning R1

Exterior

Parking On Site 1

Others

Ownership Freehold

Acceptable Financing Purchaser To Finance

Listing Terms Purchaser To Finance


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Listed by Royal LePage Duncan Realty
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