6487-6535 Ford Rd, Duncan, BC, V9L 6C5
$3,750,000MLS® # 1044642
Investment For Sale In Duncan, British Columbia
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.