$3,375,000
Exceptional Developer Opportunity – PRIME LOCATION! DEVELOPERS TAKE NOTE – ALL THE HARD WORK IS DONE! This ZONED and ready-to-build site is strategically located directly across from the Cowichan Commons Shopping Centre, offering unbeatable exposure and convenience. Situated in the highly sought-after Bell McKinnon OCP, this is one of the few properties in the area near permitting, making it a unique and time-sensitive opportunity for developers. A covenant is registered on the title protecting several key advantages for this property, including no Park DCCs required for development; reducing upfront costs, 6-storey development permitted; unlocking maximum potential, potential for 11 two-story townhomes and 41 - condo units, a relaxation on green space requirements. Take advantage of this rare, pre-approved opportunity in a thriving location with future growth potential. Contact the listing agent today for more information! (id:46156)
Property Details
MLS® Number
|
994225 |
Property Type
|
Multi-family |
Neigbourhood
|
West Duncan |
Features
|
Central Location, Level Lot, Other |
Building
Size Exterior
|
1224 Sqft |
Type
|
Multi-family |
Land
Acreage
|
No |
Size Irregular
|
0.7 |
Size Total
|
0.7 Ac |
Size Total Text
|
0.7 Ac |
Zoning Description
|
Cd26 |
Zoning Type
|
Unknown |
https://www.realtor.ca/real-estate/28121052/2999-drinkwater-rd-duncan-west-duncan