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2821 Ortona Rd | $1,600,000
Lori Brothers Agent Photo
Lori
Brothers
P. (250) 758-7653
 Phone Lori www.loribrothers.com
ROYAL LEPAGE NANAIMO REALTY (NANISHWYN)
4200 Island Highway North
 Nanaimo, BC
 Canada V9T 1W6

Details

%
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Years



Address 2821 Ortona Rd
AreaDuncan
Sub AreaEast Duncan
State/ProvinceBritish Columbia
CountryCanada
Price$1,600,000
Property TypeSingle Family
Bedrooms3
Bathrooms2
Floor Space2216 Square Feet
Lot Size43560.00 Square Feet
WaterfrontNo
Year Built1971
Taxes $5,100
Tax Year2022
MLS® #935928

Incredible 1.0 acre development property backing onto $1.5 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 in the future which (after connection and removal of current septic field) could make the 1 acre plot sub-dividable. Current 3 bed 2 bath home with a detached garage, tool shed and garden shed. Yard boasts many productive fruit trees. Buy now for 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. Interior photos upon request. Buyer to do due diligence re: dev & sub.div.

Listed by ROYAL LEPAGE DUNCAN REALTY

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