Multi-family for sale

2999 Drinkwater Rd, Duncan

$5,500,000 or
Multi-family for sale in Duncan, West Duncan, 2999 Drinkwater Rd, 976511 | Realtylink.org
$5,500,000 or

Multi-family for sale

2999 Drinkwater Rd, Duncan

Features

Lifestyle
976511 5500000 /en/multi-family~for-sale~duncan/976511?view=Summary /en/multi-family~for-sale~duncan/976511/photos 48.8035400000 -123.7208600000 true
Floor Area
1,224 sqft
Lot Size
30,056 sqft
Gross Property Tax
$12,373 /year
Zoning
CD26
Amenities
Shopping Nearby, Transit Nearby, Visual Exposure
View
Other
Additional Features
Central Location, Level, Recreation Nearby, Shopping Nearby
45

Description

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.
MLS® Number 976511

Listing REALTOR®

Adam Kelln, REALTOR<sup>®</sup>

Adam Kelln

REALTOR®

eXp Realty

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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