Presenting the exceptional opportunity to acquire four half acre, single family lots for a total of 2 acres of residential redevelopment land in the emerging Bell McKinnon neighbourhood of North Cowichan. This site’s land use designation encourages high-density residential development, allowing for the construction of 3-5 storey apartments or multifamily residential, plus a mix of town homes making it an ideal investment for developers. Strategically situated just steps away from the new Cowichan District Hospital Project currently underway, this site is poised to benefit from the ongoing servicing being constructed along Bell Mckinnon Road for the Project. This presents a favourable outlook for development and future growth.
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 13' x 13' ft |
| Abv Main 2 | Bedroom | 13' x 13' ft |
| Abv Main 2 | Bedroom | 10' x 10' ft |
| Abv Main 2 | Bedroom | 13' x 13' ft |
| Main Level | Living Room | 13' x 13' ft |
| Main Level | Dining Room | 11' x 11' ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Above Main 2 | No | #4 |
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Private Schools
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As we step into the charming community surrounding this beautiful home, I'd like to take a moment to highlight some of the wonderful features that make this neighborhood truly special. Located at 6707 Bell Mckinnon Road, MLS® R2977268, this property has so much to offer.
Families with children will love knowing that Queen Margaret's School is just a short 3.28 km away from this home. With a rating of 9/10, this exceptional elementary school provides a top-notch education for students in this area. Just down the road, Queen Margaret's School also serves as a secondary school, offering a comprehensive education for students of all ages.
According to the latest crime statistics from Statistics Canada (2020), the area surrounding 6707 Bell Mckinnon Road experiences an Above Average crime rate compared to other Canadian cities. However, with a low crime rate of 10,663.59 incidents per 100,000 population, residents can enjoy peace of mind knowing their community is well-protected. In fact, the overall crime rate has decreased by 17.80% over the past year.
When it comes to lifestyle amenities, this neighborhood has everything you need and more. The closest bus station, Drinkwater at Cowichan Cmns (EB), is just 1.27 km away, making it easy to get around without a car. You'll also find a variety of parks, beaches, and trails nearby, perfect for outdoor enthusiasts.
According to the latest census data, 16.3% of residents in this neighborhood hold a university certificate or degree, which is Average compared to other BC neighborhoods. With a median household income of $64,169 and a median personal income of $32,764, residents enjoy a comfortable standard of living. A total of 53% of households in this area have a mortgage, which is Below Average compared to other neighborhoods.
As we explore the real estate context, we find that the average value of dwellings in this neighborhood is $405,988, which is Above Average compared to other areas in British Columbia. With an average owner payment of $1,069, homeowners can enjoy a comfortable and affordable living situation. On the other hand, tenants pay an average of $952 per month, which is Average compared to other cities.
When it comes to transportation, 89% of residents use cars to get around, which is Above Average. However, 1.6% of residents use public transport, and 5.5% walk to their destinations, which is Above Average. With a population density of 151.7 people per square kilometer, this community offers a peaceful and serene environment.
This neighborhood is home to a diverse range of residents, with 25.1% of the population identifying as renters, which is Average compared to other BC cities. The average age of the population is 45.8, which is High compared to other BC cities. With a population change of 3% between 2011 and 2016, this community is experiencing Above Average growth.
While English is the dominant language spoken in this community, with 93.6% of residents speaking only English, there is also a small but significant French-speaking population, with 5.9% of residents speaking both English and French. However, it's worth noting that the percentage of neither English nor French speakers is Low at 0.5%.
For those who need to commute, the neighborhood is well-connected to major highways and public transportation options, making it easy to get to work or explore the surrounding area.
In conclusion, 6707 Bell Mckinnon Road, No City Value, BC, MLS® R2977268, is a unique and sought-after property that offers a perfect blend of education, safety, lifestyle amenities, and real estate context. With its charming community, Above Average average value of dwellings, and Below Average average owner payments, this property is sure to appeal to a wide range of buyers.
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