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6487-6535 Ford Rd
Du West Duncan Duncan V9L 6C5

$2,600,000
Commercial Sale

Main Photo: 6487-6535 Ford Rd in Duncan: Du West Duncan Multi Family for sale : MLS®# 921470
Photo 1: 6487-6535 Ford Rd in Duncan: Du West Duncan Multi Family for sale : MLS®# 921470
Photo 2: 6487-6535 Ford Rd in Duncan: Du West Duncan Multi Family for sale : MLS®# 921470
Photo 3: 6487-6535 Ford Rd in Duncan: Du West Duncan Multi Family for sale : MLS®# 921470
Photo 4: 6487-6535 Ford Rd in Duncan: Du West Duncan Multi Family for sale : MLS®# 921470
Photo 5: 6487-6535 Ford Rd in Duncan: Du West Duncan Multi Family for sale : MLS®# 921470
Photo 6: 6487-6535 Ford Rd in Duncan: Du West Duncan Multi Family for sale : MLS®# 921470
Photo 7: 6487-6535 Ford Rd in Duncan: Du West Duncan Multi Family for sale : MLS®# 921470
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Photo 15: 6487-6535 Ford Rd in Duncan: Du West Duncan Multi Family for sale : MLS®# 921470
Photo 16: 6487-6535 Ford Rd in Duncan: Du West Duncan Multi Family for sale : MLS®# 921470
Photo 17: 6487-6535 Ford Rd in Duncan: Du West Duncan Multi Family for sale : MLS®# 921470
Photo 18: 6487-6535 Ford Rd in Duncan: Du West Duncan Multi Family for sale : MLS®# 921470
Photo 19: 6487-6535 Ford Rd in Duncan: Du West Duncan Multi Family for sale : MLS®# 921470
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
921470
Multi Family development site defined in the Core Village area of the Bell McKinnon Local Area Plan (LAP). The LAP identifies this property as potential Residential-Med (2 -3 storey townhouses and duplex/triplex). A block away from the Cowichan Commons shopping center and in close proximity to the Cowichan District Hospital (CDH) site. The construction of the CDH is an approx. $885 million project; construction started in late 2022. The area is seeing significant growth and development with addt'l significant infrastructure projects under construction, including a new high school and several addt'l commercial and residential projects. The Cowichan Valley is seeing an influx of population growth due to the attractive lifestyle, affordability, vibrant job market, high quality of life and its close proximity to Langford/Victoria. The property has a small residence that is not valued as part of this offering-rented $950/month-value is land only. Present zoning is R1.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Lease Type:
Sale of Assets
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Du West Duncan, Duncan
Bathrooms:
- (Full:-/Half:-)
Lot Size:
3 acre(s)
Taxes:
Ceiling Heights:
Total Building Area:
1,072 sq. ft.
Commercial Area:
Water supply:
Municipal, Other
Sewer:
Other
Fireplace:
No
Pending Date:
Mountain(s), Valley
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
District of North Cowichan
Legal Description:
Zoning:
R1 (Residential Rural)
Legal Non-Conformance:
No
Units in Building:
Units in Community:
Utilities:
See Remarks
Lot Site Features:
Acreage, Central Location, Cleared, Easy Access, Family-Oriented Neighbourhood, Level, Near Golf Course, No Through Road, Park Setting, Pasture, Private, Quiet Area, Recreation Nearby, Rectangular Lot, Rural Setting, Shopping Nearby, In Wooded Area
Parking Features:
On Site
Road Surface Type:
Paved
Total Units:
Date Listed:
Jan 16, 2023
Original Price:
2600000.0
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  • Photo 12: 6487-6535 Ford Rd in Duncan: Du West Duncan Multi Family for sale : MLS®# 921470
    existing house
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  • Photo 15: 6487-6535 Ford Rd in Duncan: Du West Duncan Multi Family for sale : MLS®# 921470
    RCMP building under construction
  • Photo 16: 6487-6535 Ford Rd in Duncan: Du West Duncan Multi Family for sale : MLS®# 921470
    RCMP building under construction
  • Photo 17: 6487-6535 Ford Rd in Duncan: Du West Duncan Multi Family for sale : MLS®# 921470
    Updated servicing and road work
  • Photo 18: 6487-6535 Ford Rd in Duncan: Du West Duncan Multi Family for sale : MLS®# 921470
    Updated servicing and road work
  • Photo 19: 6487-6535 Ford Rd in Duncan: Du West Duncan Multi Family for sale : MLS®# 921470
    End of updated servicing and road work
Listed by Coldwell Banker Oceanside Real Estate
Data was last updated June 6, 2023 at 10:05 PM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$1,345,000
Min list price:
$79,000
Max list price:
$4,950,000
Avg days on market:
83
Min days on market:
20
Max days on market:
258
These statistics are generated based on the current listing's property type and located in Du West Duncan. Average values are derived using median calculations.
JEFF MEYER
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.