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6508 Norcross Rd 6.23 Acres of Commercial Land Offered at $7,250,000 CAD in Duncan, BC V9L 6C1

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Investment Highlights

  • Immediate proximity to Cowichan Commons Shopping Centre and Cowichan District Hospital site
  • Services currently include municipal water, electricity, cable and telephone utilities
  • ±390 feet of frontage on Bell McKinnon Road and 310 feet on Norcross Road

Executive Summary

This offering represents a unique opportunity to purchase a substantial development parcel in close proximity to the new Cowichan District Hospital site. The Property is designated in the Bell McKinnon Local Area plan as Residential Medium (RM) which encourages 2-3 storey townhouse and duplex/triplex development. It is also designated as Village Residential in the recently adopted Official Community Plan. Village Residential allows for 3-5 storey multi-family construction. The site is relatively flat and easy to develop. Contact listing agent and District of North Cowichan for further details.

Property Facts

Price $7,250,000 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 6.23 AC
Zoning R1 - Residential

1 Lot Available

Lot

Price $7,250,000 CAD
Price Per AC $1,163,723.92 CAD
Lot Size 6.23 AC

6.23 acre parcel with ±390 feet of frontage on Bell McKinnon Road and 310 feet on Norcross Road

Description

The Property is designated in the Bell McKinnon Local Area plan as Residential Medium (RM) which encourages 2-3 storey townhouse and duplex/triplex development. It is also designated as Village Residential in the recently adopted Official Community Plan. Village Residential allows for 3-5 storey multi-family construction. The site is relatively flat and easy to develop.

  • Listing ID: 35506426

  • Date on Market: 2025-04-16

  • Last Updated:

  • Address: 6508 Norcross Rd, Duncan, BC V9L 6C1

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