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$3,750,000

6487-6535 Ford Rd, Duncan, BC, V9L 6C5

MLS® # 1044642

Duncan BC, V9L 6C5

MLS® # 1044642

Property Information:

CBRE Limited is pleased to present a strategic land banking opportunity in North Cowichan's Bell McKinnon growth corridor. The offering comprises approximately 3.00 acres across two legal parcels, designated Residential – Medium under the Bell McKinnon Local Area Plan, supporting potential residential development of up to approximately 1.2 FAR (approximately 156,816 buildable SF). In our view, today's servicing uncertainty has created a rare opportunity to acquire future development land at a significant discount to fully serviced sites. Bell McKinnon remains one of Vancouver Island's most important long-term growth areas, anchored by the future Cowichan District Hospital and planned residential expansion. For savvy investors this is an opportunity to buy while development land remains temporarily out of favour and position for the next phase of infrastructure investment and market recovery, with the potential to sell into a supply-constrained market as development activity resumes.

Property Features:

  • Annual Tax Amount: $0
  • Floor Space (approx): 130680 Square Feet
  • Lot Frontage: 130680 Square Feet
  • Lot Size: 3.00 Acres
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Multi Family
  • Road Frontage Type: Highway, Lane, Street
  • Zoning: R1-BM

Courtesy of: CBRE Limited

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 6487-6535 Ford Rd, Duncan, BC, V9L 6C5

Demographic Information of 6487-6535 Ford Rd, Duncan, BC, V9L 6C5

Life Stage

Families with Tweens

Employment Type

Mixed

Average Household Income

$105,864.26

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.64 %

High school certificate or equivalent

43.0 %

Apprenticeship trade certificate/diploma

10.24 %

College/non-university certificate

20.96 %

University certificate (below bachelor)

0.43 %

University Degree

12.73 %

Commuter

Travel To Work

By Car

89.69 %

By Public Transit

0.0 %

By Walking

4.49 %

By Bicycle

1.68 %

By Other Methods

4.14 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

18.7 %

Houses

81.3 %

Own Vs. Rent