Multi-family for sale
2999 Drinkwater Rd, Duncan
$3,375,000
Features
Floor Area
1,224 sqft
Lot Size
30,461 sqft
Gross Property Tax
$12,374 /year
Zoning
CD26
Amenities
Shopping Nearby, Transit Nearby, Visual Exposure
View
Other
Additional Features
Central Location, Level, Recreation Nearby, Shopping Nearby
Description
Exceptional Developer Opportunity – PRIME LOCATION! DEVELOPERS TAKE NOTE – ALL THE HARD WORK IS DONE! This ZONED and ready-to-build site is strategically located directly across from the Cowichan Commons Shopping Centre, offering unbeatable exposure and convenience. Situated in the highly sought-after Bell McKinnon OCP, this is one of the few properties in the area near permitting, making it a unique and time-sensitive opportunity for developers. A covenant is registered on the title protecting several key advantages for this property, including no Park DCCs required for development; reducing upfront costs, 6-storey development permitted; unlocking maximum potential, potential for 11 two-story townhomes and 41 - condo units, a relaxation on green space requirements. Take advantage of this rare, pre-approved opportunity in a thriving location with future growth potential. Contact the listing agent today for more information!
MLS® Number 994225