Multi-family for sale

2831 Fairfield St, Duncan

$1,400,000 or
$1,400,000 or

Multi-family for sale

2831 Fairfield St, Duncan

Features

Lifestyle
955104 1400000 /en/multi-family~for-sale~duncan/955104?view=Summary /en/multi-family~for-sale~duncan/955104/photos 48.8117200000 -123.7126800000 true
Floor Area
2,489 sqft
Lot Size
43,560 sqft
Gross Property Tax
$4,205 /year
Amenities
Basement
Additional Features
See Remarks
Total no. of Units
1
16

Description

Near the new hospital site, and south of Herd Rd, 2831 Fairfield is the second property east of Bell Mckinnon that will support higher density residential development. The "Bell McKinnon Local Area Plan", (BMLAP) is taking shape as the New Hospital is well under construction and sewer mains along Bell McKinnon are being installed. The BMLAP is subordinate to the the Official Community Plan (OCP) which designates the area North of Herd Road as future growth, meaning that the intention of The Muncipality is to develop south of Herd Rd first. This property is an acre and only the second property in from Bell Mckinnon for a relatively short distance to tie into to the new sewer main. Already serviced by community water. The BMLAP has this area desiganted as "Reseidential-Medium" (RM), with a "preferred building typology of 2-3 storey Multifamily Residential and/or Apartments". Currently the home is a comfortable 3-4 bedroom 2 bath, suite potential and a large separate garage & workshop.
MLS® Number 955104

Listing REALTOR®

Debra Christianson, REALTOR<sup>®</sup>

Debra Christianson

REALTOR®

Sutton Group-West Coast Realty (Dunc)

Location

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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.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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