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$6,230,000

Duncan BC, V9L 6C1

MLS® # 1014012

Property Information:

New Reduced Price - 6.23 acre development property strategically located steps away from Cowichan Commons Shopping Centre and the new $1.5 Billion Cowichan District Hospital project which is now under construction. Upgrades to municipal services for the hospital project are slated to start shortly providing developers direct access to both municipal water and sewer. The future land use of the Property is defined within the Bell McKinnon Local Area Plan which designates the entire Property as "Residential Med (RM)" encouraging 2-3 storey townhouses and duplex/triplex development. The RM designation in the LAP suggests development of up to 3 storeys and maximum 1.2 Floor Area Ratio provided certain parking requirements are met. The site topography is flat and easy to develop. Contact listing agent for further details.

Property Features:

  • Annual Tax Amount: $25,415
  • Lot Features: Acreage, Easy Access, Level
  • Lot Frontage: 271378.8 Square Feet
  • Lot Size: 6.23 Acres
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Multi Family
  • Water Source: Municipal
  • Zoning: R1-U
  • Sewer:

Courtesy of: Colliers International (Nan)

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.

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 6508 Norcross Rd, Duncan, BC, V9L 6C1

Demographic Information of 6508 Norcross Rd, Duncan, BC, V9L 6C1

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$121,216.05

Average Number of Children

1.87

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.13 %

High school certificate or equivalent

29.46 %

Apprenticeship trade certificate/diploma

10.5 %

College/non-university certificate

29.81 %

University Degree

18.1 %

Commuter

Travel To Work

By Car

99.99 %

By Public Transit

0.0 %

By Walking

0.01 %

By Bicycle

0.0 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

0.12 %

Houses

99.88 %

Own Vs. Rent