6715 Bell Mckinnon Rd, No City Value, BC, MLS® R2977261

$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 21868 sqft
1918 sqft
1968 built
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Map
Street view
Schools
Crime
Commute
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6715 Bell Mckinnon Rd, No City Value, BC | MLS® R2977261 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) 1918
Lot Size 21868.85
Lot Size Depth Feet
Lot Size Frontage 0
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1968
Age Of Building 57
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R2977261
Area FVREB Out of Town
Neighbourhood FVREB Out of Town
City No City Value
Gross Taxes $4,307.49
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
3.3 km
Elementary, Secondary
Queen Margaret's School
3.3 km

Closest Transit

Bus Stop
Drinkwater at Cowichan Cmns (EB)
1.29 km
Skytrain
Skytrain @ Yvr-Airport Stn
57.45 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 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

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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