2821 Ortona Rd, Duncan
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 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. Interior photos on request. Buyers to do their own due diligence about subdivision and development. (id:1945)
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Property details for 2821 Ortona Rd, Duncan
- Type
- Commercial
- Lot Size
- 1
- Ownership
- Freehold
- Annual Taxes
- $6,381
Nearby Listings Stat
Estimated price and comparable properties near 2821 Ortona Rd
Active Listings
47
Min Price
$269,000
Max Price
$9,475,000
Avg Price
$1,227,791
Days on Market
73
days
Sold Listings
11
Min Sold Price
$459,900
Max Sold Price
$3,199,000
Avg Sold Price
$1,023,873
Days until Sold
89
days
Neighbourhood Census Data
North Cowichan, British Columbia / Colombie-Britannique
Population
351
Median Age
50.4
Median Income
$31,851
Dwelling Value
$389,723
Housing Tenure
Owners 81%
Renters 19%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.4
Pop. Density: 218.7/km²
Avg Shelter Cost: $1,094/mo
Owners with Mortgage: 58.3%
Owners Spending 30%+: 20%
Tenants Spending 30%+: 0%
English only: 97.1%
English and French: 2.9%
Neither: 1.4%
Median Household Income: $69,888
Median Employment Income: $31,936
Price History
Listed
May 14, 2026
by Royal LePage Duncan Realty
Current Price
$1,350,000
Type
Commercial
For Sale