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 | 14' x 14' ft |
| Abv Main 2 | Bedroom | 13' x 13' ft |
| Abv Main 2 | Bedroom | 11' x 11' ft |
| Abv Main 2 | Bedroom | 14' x 14' ft |
| Main Level | Living Room | 14' x 14' ft |
| Main Level | Dining Room | 12' x 12' 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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Welcome to this beautiful property located at 6715 Bell Mckinnon Road, No City Value, BC, proudly presented by your trusted realtor. As we step into this wonderful neighborhood, let's start with the local schools that make this community so desirable.
Just down the road from 6715 Bell Mckinnon Road, you'll find Queen Margaret's School, a highly-rated elementary and secondary independent school with a 9/10 rating. This esteemed institution is just 3.3 km away from our property, offering families the perfect blend of academic excellence and convenience.
Now, let's take a closer look at the safety of this neighborhood. According to the freshest crime data from Statistics Canada, released in 2020, there were 3,463 disturbances in this area. The overall crime rate near 6715 Bell Mckinnon Road, No City Value, BC is 10,663.59, which is considered Above Average compared to other Canadian cities. However, it's worth noting that the year-over-year change in the total crime rate is a remarkable -17.80%. This indicates a positive trend in the area's safety, making it an attractive option for families and individuals alike.
As we explore the neighborhood, you'll notice that the property crimes are also Above Average, with a rating of 4,575.83. This may raise some concerns, but it's essential to understand that property crimes can sometimes be a reflection of the area's popularity and growth. The year-over-year change in the property misconduct rate is -27.84%, showing a decline in this type of crime over time.
In terms of violent crimes, there were 705 violent lawbreaking disorders in 2020, resulting in an Above Average rate of 2,170.90. However, the year-over-year change in the violent crime rate is -7.53%, indicating a decrease in this type of crime over the past year.
Now, let's talk about the convenient location of this property. The closest Bus station is Drinkwater at Cowichan Cmns (EB), which is just 1.29 km away from 6715 Bell Mckinnon Road, making it easily accessible by public transportation.
As we delve into the demographics of this neighborhood, you'll find that 16.3% of the population holds a university certificate or degree, which is Average compared to other BC neighborhoods. On the other hand, 17.2% of the population has no certificate or degree, also making it Average compared to the average in BC.
The median household income near 6715 Bell Mckinnon Road, No City Value, BC is $64,169, which is Average compared to the British Columbia average. The median personal income in this area is $32,764, also Average compared to the BC average. Interestingly, 53% of households in this census subdivision have a mortgage, which is Below Average compared to other neighborhoods in the region.
The unemployment rate in this area is 6.4%, which is Below Average compared to other province neighborhoods. This indicates a stable economy and a reduced risk of job loss, making it an attractive option for individuals and families.
As we explore the population growth in this area, you'll find that the population change between 2011 and 2016 was 3%, which is Above Average compared to the average growth rate of this region. This suggests a thriving community with a growing population.
In terms of population density, this neighborhood has a density of 151.7 people per square kilometer, which is Below Average compared to other areas. The average size of families in this area is 2.6, which is Low compared to the whole region. However, 46.6% of families in this area have children, which is Low compared to other neighborhoods.
The average age of the population in this area is 45.8, which is High compared to other BC cities. This suggests a mature and established community with a high level of stability and security.
As we look at the real estate context, the average value of dwellings in this neighborhood is $405,988, which is Above Average compared to other areas in British Columbia. The average owner payments are Below Average in this area, with homeowners spending an average of $1,069 per month. On the other hand, tenants in this area are paying an average of $952 per month, which is Average compared to other cities.
Interestingly, 25.1% of the population in this area are renters, which is Average compared to other BC cities and areas. The percentage of English and French speakers in this area is 5.9%, which is Below Average, while the percentage of English speakers only is 93.6%, which is Above Average.
Finally, 1.6% of the population in this area uses public transportation, which is Low, while 89% of the
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