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360/370 BRAE ROAD in DUNCAN: Z3 West Duncan Land Only for sale (Zone 3 - Duncan) : MLS®# 438893

360/370 BRAE ROAD DUNCAN V9L 2T8 : Z3 West Duncan

Main Photo: 360/370 BRAE ROAD in DUNCAN: Z3 West Duncan Land Only for sale (Zone 3 - Duncan)  : MLS®# 438893
$1,950,000
Prop. Type:
Land Only
MLS® Num:
438893
Status:
Active
Bus Major:
Multi-Family
LOCATION, Location!! The Best, Prime Multi - Family site in the Cowichan Valley. Best views in Duncan. High on a hill, very centrally located; New High Density Multi - Family City Zoning received 3rd reading March 2018. Allows for up to 5 Storey +/- 70 to 100 Units depending on use. 31,200 sqft (120 x 260) comprising of 4 lots. Low Cost per unit. Base Building Floor Space Ratio 2.4:1 (74,880 sq.ft); w 30%+ rental suites 2.7:1(84,240 sq.ft); 70 %+ rental suites 3:1(93,600 sq.ft). Clean site environmentally and vacant. No hazardous buildings to demolish. A Developers dream. 2 road frontages, Brae Rd & Ypres St offering fantastic access and development design options. Fully serviced. Short walk to everything, quaint downtown Duncan with its unique stores, coffee shops, famous Farmers Market, parks, supermarkets, library, community center, pool etc. It does not get better than this. This is a great opportunity to Develop a much needed Landmark Beacon in the Cowichan Valley.
Lot Size:
Switch units of measure0.72 acre(s)
Lot Frontage:
Switch units of measure120'
Lot Depth:
Switch units of measure260'
Property Type:
Land Only
Title:
Freehold
Major Business Type:
Multi-Family
Listed by GRANT CLEMENT and NATHAN CLEMENT of Sutton Group-West Coast Realty (Dunc)
Listing information last updated on May 12, 2018 at 12:10 PM (UTC)
MIKE EDDY
Superior MLS® Search

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