FOR SALE: 1.0 acre land parcel located in North Cowichan steps from the Cowichan Commons Shopping Centre featuring Wal-mart, Home Depot, Canadian Tire and various other retailers. This site is flat and located within a rapidly developing neighborhood including a 112 unit apartment complex directly adjacent to the property on its eastern boundary. Further, across Ford Road from the subject property is the future site of the new North Cowichan/Duncan rcmp detachment. The property features a single family dwelling onsite which could be rented while development and building permits are processed. The site is currently zoned single family (R-1 designation) and will require rezoning to reach its highest and best use. The North Cowichan Bell McKinnon Local Area Plan designates this property as "residential medium" allowing for multi-family residential in 2-3 storey formats. Maximum floor area ratio is 1.2:1. Estate sale. All offers must be subject to probate court approval.
Chris Martin, 250.751.1223 at RE/MAX of Nanaimo, #1 - 5140 Metral Drive, Nanaimo, British Columbia, V9T 2K8