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$5,500,000
Est. payment /mo
3 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1002328
Rental Info Unrestricted
Annual Tax Amount $11,853
Tax Year 2024
Lot Size 3.000 Acres
Acres 3.0
Property Sub-Type Unimproved Land
Property Description
Colliers is pleased to present a rare residential development opportunity at 6487–6535 Ford Road, located in the growing
Municipality of North Cowichan. Situated on a flat, rectangular 3.00-acre site, this development opportunity comprises two legal parcels. Ideally positioned within the Urban Residential (Village Residential) designation of the Official Community Plan (OCP) and the Residential-Med designation of the Bell McKinnon Local Area Plan (LAP), the subject properties are well-suited for medium-density redevelopment. Future land use policies envision three to five-storey multi-family residential buildings with a floor area ratio (FAR) of up to 1.6, allowing for substantial buildable density in an increasingly desirable region of southern Vancouver Island.
Municipality of North Cowichan. Situated on a flat, rectangular 3.00-acre site, this development opportunity comprises two legal parcels. Ideally positioned within the Urban Residential (Village Residential) designation of the Official Community Plan (OCP) and the Residential-Med designation of the Bell McKinnon Local Area Plan (LAP), the subject properties are well-suited for medium-density redevelopment. Future land use policies envision three to five-storey multi-family residential buildings with a floor area ratio (FAR) of up to 1.6, allowing for substantial buildable density in an increasingly desirable region of southern Vancouver Island.
Location
Province BC
County North Cowichan, Municipality Of
Area Du West Duncan
Exterior
Parking On Site 1
Others
Ownership Freehold
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Listed by Colliers