2794 & 2796 Herd Rd Active

Duncan,BC V9L 6A3

$ 7250000

- Bed

- Bath

0 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 920510

Rental Info Unrestricted

Annual Tax Amount $18,757

Tax Year 2022

Lot Size 5.590 Acres

Acres 5.59

Property Description

5.59 acre development property located steps away from the new $887 million Cowichan District Hospital project. The new hospital has been officially announced and site preparation is underway. 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. The property is improved with two single family dwellings and a detached garage offering potential holding income for buyers. All measurements are approximate and buyers are to verify measurements if important.

Location

Province BC

County Duncan, City Of

Area Du East Duncan

Zoning A2

Interior

Heating Forced Air,Heat Pump,Wood

Flooring Mixed

Exterior

Parking On Site 1

Building

Lot Description Acreage,Easy Access,Irregular Lot,Level

Sewer Septic System

Water Municipal

Structure Type Frame Wood

Others

Tax ID 004-244-494

Ownership Freehold

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