2821 Ortona Rd

Key facts

• Property type: Other
• Transaction: For Sale
• Price: class="container" id="details-container",350,000
• Interior size: 2,216 sqft
• Lot size: 1
• Listing key: 29750938

Listing overview

Incredible 1.0 acre development property backing onto class="container" id="details-container".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. In...