6707 Bell Mckinnon Rd, No City Value, BC, MLS® R2977268

$1,270,000
Est. Mortgage /mo

$1,270,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
3 Beds
1 Baths
2 Stories
lot 21852 sqft
1955 sqft
1964 built
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Schools
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6707 Bell Mckinnon Rd, No City Value, BC | MLS® R2977268 Property Details

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.

General Info

Price $1,270,000
Total Bedrooms 3
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1955
Lot Size 21852
Lot Size Depth Feet
Lot Size Frontage 0
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1964
Age Of Building 61
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R2977268
Area FVREB Out of Town
Neighbourhood FVREB Out of Town
City No City Value
Gross Taxes $3,681
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Forced Air, Natural Gas

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Septic Tank
Water (WaterSource) Public

Parking

Parking Type Additional Parking
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning R1-U
Rental Suites -
# of Kitchens 0
Foundation Block
Locker -
View -
View Description -
Units In Development -
Sewer Public Sewer, Septic Tank
Roof Asphalt

Property History

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Status Date Price
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Listed by: RE/MAX Commercial Advantage & RE/MAX Commercial Advantage

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.

Neighborhood Info

Private Schools

Elementary, Secondary
Queen Margaret's School
3.28 km
Elementary, Secondary
Queen Margaret's School
3.28 km

Closest Transit

Bus Stop
Drinkwater at Cowichan Cmns (EB)
1.27 km
Skytrain
Skytrain @ Yvr-Airport Stn
57.47 km

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely
Welcome to 6707 Bell Mckinnon Road, No City Value, BC

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.

Education is a Top Priority

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.

A Safe and Supportive Community

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.

Lifestyle and Amenities

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.

Demographics and Housing

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.

Real Estate Context

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.

Getting Around

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.

A Thriving Community

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.

English and French Speakers

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%.

A Commuter's Paradise

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.

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,270,000
No city value $1,270,000
FVREB Out of Town $1,270,000
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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