6742 Norcross Road, East Duncan Duncan
Price
$3,100,000
Bedrooms5 Beds
Bathrooms2 Baths
Size2654 sqft
Year Built1901
Property TypeDetached Home
Property Taxes$6,532
Description
Nearly 4 acres within the Bell McKinnon local area plan - unique opportunity to rezone, subdivide & build, or sell off lots in a developing area with a new hospital & school planned in the near future. This versatile property is perfectly positioned to take advantage of the wonderful amenities of Duncan, while still being surrounded by nature, mature trees, lakes, the ocean, golf courses, parks & more. Endless possibilities for this unique gently sloping parcel with lake views! The Bell McKinnon area is a significant new growth centre and the area south of Herd Road is expected to be able to accommodate in the range of 6,000 dwelling units as well as commercial uses. GET IN EARLY! All information deemed to be important to be independently verified by buyer. (id:39198)
Listed By
The listing brokerage and/or agent is Engel & Volkers Vancouver Island
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
Property Dimensions
The Property Location
Mortgage Calculator
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Total Monthly Payment
$11,681 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$2,480,000
Total Interest Payments
$1,529,071
Total Payment (Principal + Interest)
$4,009,071
Cashflow Calculator
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Monthly Cash Flow
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Comber Friesen Group
Realtors
Related Properties
Meet Alex & Georgia
Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.
Locations We Serve
Cowichan Valley
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Victoria
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Oak Bay
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Saanich
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.