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.
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
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.