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6487-6535 Ford Rd 3 Acres of Commercial Land Offered at $4,016,123 USD in North Cowichan, BC V9L 6C5
INVESTMENT HIGHLIGHTS
- Excellent access to major retail centres, transportation, schools, and the new Cowichan District Hospital site.
- Designated Village Residential in the OCP supporting multi-family redevelopment.
EXECUTIVE SUMMARY
Colliers is pleased to present a rare residential development opportunity at 6487–6535 Ford Road, located in the growing Municipality of North Cowichan. Situated on a flat, rectangular 3.00 acre site, this development opportunity comprises two legal parcels. Ideally positioned within the Urban Residential (Village Residential) designation of the Official Community Plan (OCP) and the Residential-Med designation of the Bell McKinnon Local Area Plan (LAP), the subject properties are well-suited for medium density redevelopment. Future land use policies envision three to five storey multi-family residential buildings with a floor area ratio (FAR) of up to 1.6, allowing for substantial buildable density in an increasingly desirable region of southern Vancouver Island.
PROPERTY FACTS
| Price | $4,016,123 USD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 3.00 AC |
| Zoning | (R1-U) - Urban Residential Rural Zone | ||
| Price | $4,016,123 USD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 3.00 AC |
| Zoning | (R1-U) - Urban Residential Rural Zone |
1 LOT AVAILABLE
Lot
| Price | $4,016,123 USD | Lot Size | 3.00 AC |
| Price Per AC | $1,338,707.62 USD |
| Price | $4,016,123 USD |
| Price Per AC | $1,338,707.62 USD |
| Lot Size | 3.00 AC |
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6487-6535 Ford Rd
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