2999 Drinkwater Rd
Du West Duncan Duncan V9L 6C6

$5,500,000
Commercial Sale

Aerial View Approximate Buyer should verify if important
Photo 1: 2999 Drinkwater Rd in Duncan: Du West Duncan Multi Family for sale : MLS®# 976511
Photo 2: 2999 Drinkwater Rd in Duncan: Du West Duncan Multi Family for sale : MLS®# 976511
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
976511
RARE OPPURTUNITY TO INVEST IN ALREADY ZONED MULTI FAMILY SITE. Zoned CD26 this multi-family property offers up to 51 densities. Centrally located in the Bell Mackinnon Corridor this property is close to many amenities including the newly under construction Cowichan District Hospital. North Cowichan official community plan promotes future growth in the area providing an excellent development opportunity. With future job growth coming, the seller has already taken the property through the rezoning process and has conceptual drawings for potential multifamily building. This property is encumbered by a convent that allows for relaxation on green space, tree canopy, 6 storeys and much more. Please contact listing agent for more information.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Lease Type:
Sale Of Shares, Sale Price
Listing General Location:
Du West Duncan, Duncan
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0.69 acre(s)
Building Features:
Shopping Nearby, Transit Nearby, Visual Exposure
Total Building Area:
1,224 sq. ft.
Water supply:
Municipal
Sewer:
Sewer To Lot
Fireplace:
No
Other
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
District of North Cowichan
Zoning:
CD26
Lot Site Features:
Central Location, Level, Recreation Nearby, Shopping Nearby
Parking Features:
On Site
Total Parking Spaces:
0
Road Frontage Type:
Highway
Road Surface Type:
Paved
Date Listed:
Sep 19, 2024
Original Price:
5500000.0
  • Photo 1: 2999 Drinkwater Rd in Duncan: Du West Duncan Multi Family for sale : MLS®# 976511
    Aerial View Approximate Buyer should verify if important
  • Photo 2: 2999 Drinkwater Rd in Duncan: Du West Duncan Multi Family for sale : MLS®# 976511
    Preliminary Conceptual Design
Listed by eXp Realty
Data was last updated December 10, 2024 at 12:05 AM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$1,544,450
Min list price:
$380,000
Max list price:
$14,800,000
Avg days on market:
69
Min days on market:
6
Max days on market:
504
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.
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.