Rare opportunity to acquire a strategic anchor property perfectly situated across Bell McKinnon Road from the new Cowichan District Hospital (CDH) site. The CDH project has been officially announced and construction will start Spring 2022. The property is +/- 6.73 acres & directly west of the CDH site. The Property's location, physical and development attributes, as well as its future uses create an excellent opportunity for a comprehensive development that supports the health-care, commercial & residential needs of the new $887 million CDH. The future land use of the Property is defined within the recently approved, award winning Bell McKinnon Local Area Plan (LAP). The LAP designates the Property as a combination of Core Village (CV) and Residential High (RH) which encourages further densification of the Property for both commercial & residential uses. Acquisition of this Property can facilitate additional acquisitions of adjacent residential parcels.
*This Payment Calculator is intended for educational and planning purposes only. **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Information is provided in part by the IDX program of the Victoria/Vancouver Combined MLS®. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.