2821 Ortona Rd, Duncan, British Columbia V9L 3W8

Incredible 1.0 acre development property backing onto $1.5 Billion Cowichan District Hospital & located within the Bell McKinnon Local Area Plan which designates the entire Property as ''Residential Med (RM)'' promoting 2-3 storey townhouses and duplex/triplex development. The future RM designation in the LAP suggests development of up to 3 storeys and maximum 1.2 Floor Area Ratio provided parking requirements are met. North Cowichan is planning for a sewer connection as some point in the near future which (after connection and removal of current septic field) could make the 1 acre plot sub-dividable. Current 3 bed 2 bath home is 2216 square feet and renovated. Buy now for potential development, invest in a rental and future development profits, or purchase an exquisitely maintained home that could possibly be sub divided for both rental and or living as well as development potential. Interior photos on request. Buyers to do their own due diligence about subdivision and development. (id:27476)

This property is being offered for sale and is situated on a 1-acre lot at 2821 Ortona Rd in Duncan, British Columbia. The ownership type of this property is Freehold, and it presents an incredible development opportunity.

Backing onto the $1.5 Billion Cowichan District Hospital, this property is located within the Bell McKinnon Local Area Plan. The entire property is designated as ''Residential Med (RM)'' in the plan, which promotes the development of 2-3 storey townhouses and duplex/triplex units. The future RM designation in the LAP suggests development of up to 3 storeys and a maximum 1.2 Floor Area Ratio, provided that parking requirements are met.

North Cowichan is planning for a sewer connection in the near future, which could potentially make the 1-acre plot sub-dividable after connection and removal of the current septic field. The current 3 bed 2 bath home on the property spans 2216 square feet and has been renovated. Prospective buyers have the option to purchase the property for potential development, invest in it as a rental property for future development profits, or acquire an exquisitely maintained home that could possibly be sub-divided for both rental and living purposes, as well as development potential. Interior photos are available upon request, and buyers are advised to conduct their own due diligence about subdivision and development.

The postal code for this property is V9L3W8.