857774 1500000 /en/commercial-properties~for-sale/857774?view=Summary /en/commercial-properties~for-sale/857774/photos 48.8172900000 -123.7146100000 true
Gross Property Tax
Cleared, Level, Rectangular Lot, Wooded Lot, Easy Access
This is an advanced opportunity to acquire a high exposure development property in close proximity to the new Cowichan District Hospital ("CDH ") site. The property is approx. 1.12 acres and northwest of the new CDH and only steps away from the #1 and #18 Highway intersection. The Property's location, physical and development attributes, as well as its future uses create an excellent opportunity for a development that supports the health-care, industrial commercial and residential needs of the new $887 million CDH. The future land use of the Property is defined within the recently approved, award winning Bell McKinnon Local Area Plan ("LAP"). The LAP designates the Property as a combination of "Employment Lands (EL) ", "Core Village ( V)" and "Residential High (RH)" which encourages further densification of the Property for both commercial, industrial and residential uses. Acquisition of this Property can facilitate additional acquisitions of adjacent residential parcels.MLS® Number 857774
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- The amounts shown above are for information purposes only and do not include taxes, if applicable.
- You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
- This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
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