6487-6535 Ford Rd 3 Acres of Commercial Land Offered at $3,900,000 CAD in North Cowichan, BC V9L 6C5

This 3.0-acre development site in the Municipality of North Cowichan offers a rare opportunity for large-scale residential redevelopment in the heart of the Cowichan Valley. The property consists of two legal parcels with a flat, rectangular configuration and frontage along Ford Road, providing excellent development geometry and minimal topographical constraints.
Positioned within the Bell McKinnon growth corridor, the site benefits from an Official Community Plan designation of Village Residential and a Bell McKinnon Local Area Plan designation of Residential-Med (RM), supporting multi-family redevelopment. Future land use policies envision three- to five-story residential buildings with a floor area ratio (FAR) of up to 1.2, allowing for significant buildable density. Preliminary plans suggest the potential for 240+ residential units in a mix of studio, one-bedroom, and two-bedroom configurations.
The property is strategically located near major retail centers, including Walmart, Canadian Tire, and Home Depot, as well as essential services such as the RCMP offices and the future Cowichan District Hospital (completion expected in 2027). With convenient access to the Trans-Canada Highway, the site offers excellent connectivity to Victoria (65 km south) and Nanaimo (46 km north), making it an attractive investment in a rapidly growing region of southern Vancouver Island.