2839 Ortona Rd, No City Value, BC, MLS® R2973455

$1,450,000
Est. Mortgage /mo

$1,450,000
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
0 Beds
0 Baths
2 Stories
lot 34560 sqft
2200 sqft
1971 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

2839 Ortona Rd, No City Value, BC | MLS® R2973455 Property Details

Presenting the opportunity to acquire 1 acre of residential development land in the emerging Bell McKinnon neighbourhood of North Cowichan, with potential to purchase adjoining property(s) for a total of 2-3 acres of prime, development land. This property's land use designation encourages medium density (RM) development including 2-3 storey townhomes and duplexes/triplexes. The property is strategically located near the brand new, billion dollar Cowichan District Hospital which is currently being constructed, and will benefit from the servicing infrastructure being brought to the site along Bell McKinnon Road. Contact Listing Brokers for more information.

General Info

Price $1,450,000
Total Bedrooms 0
Total Bathrooms 0
Half Bathrooms 0
Floor Area Total (sqft) 2200
Lot Size 34560
Lot Size Depth Feet
Lot Size Frontage 2200
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1971
Age Of Building 54
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R2973455
Area FVREB Out of Town
Neighbourhood FVREB Out of Town
City No City Value
Gross Taxes $4,502
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Baseboard

Utilities

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

Parking

Parking Type Other
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning R1
Rental Suites -
# of Kitchens 0
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features No Outdoor Area
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
3.26 km
Elementary, Secondary
Queen Margaret's School
3.26 km

Closest Transit

Bus Stop
Drinkwater at Cowichan Cmns (EB)
1.27 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 home at 2839 Ortona Road, a hidden gem in the heart of British Columbia. As we step into this lovely neighborhood, let's start with the schools that make it an attractive choice for families.

Just down the road, you'll find Queen Margaret's School, a top-rated elementary school with an impressive 9/10 rating. Located a mere 3.26 km from this home, it's an ideal option for families who prioritize quality education. Similarly, Queen Margaret's School is the closest secondary independent school, offering a comprehensive education to students in the area.

Now, let's talk about safety. According to Statistics Canada's 2020 report, this neighborhood boasts an overall crime rate of 10,663.59, which is Above Average compared to other Canadian cities. However, this number has seen a significant decrease of 17.80% year-over-year, providing a sense of peace and security for residents.

When it comes to specific types of crime, the neighborhood surrounding MLS® R2973455 experiences a High rate of drug-related offenses, with 1,228.64 incidents per 100,000 population. While this is a concern, it's essential to note that the year-over-year change in the illegal substances offenses ranking is 15.41%, indicating a slight improvement.

Property crimes in the area are also Above Average, with a rating of 4,575.83 and 1,486 incidents in 2020. However, the year-over-year change in the property misconduct rate is -27.84%, showing a notable decrease.

Despite these statistics, it's essential to remember that violent crimes are relatively low in this neighborhood, with 705 incidents in 2020 and an Above Average rate of 2,170.90. The year-over-year change in the violent crime rate is -7.53%, indicating a gradual decrease.

Now, let's explore the community and amenities that make this neighborhood so desirable.

The closest Bus station is Drinkwater at Cowichan Cmns (EB), just 1.27 km away from this home with MLS® R2973455. This convenient public transportation option makes commuting a breeze, whether you're heading to work or exploring the surrounding area.

In terms of demographics, this neighborhood boasts an average level of education, with 16.3% of residents holding a university certificate or degree. This is Average compared to other BC neighborhoods. On the other hand, 17.2% of the population has no certificate or degree, which is also Average in comparison.

The median household income in this neighborhood is $64,169, which is Average compared to other British Columbia neighborhoods. Similarly, the median personal income is $32,764, which is also Average. Interestingly, 53% of households in this census subdivision have a mortgage, which is Below Average.

Unemployment rates in the area are also relatively low, with a rate of 6.4% in the Real Estate Listing # R2973455 neighborhood. This is Below Average compared to other province neighborhoods.

As we delve deeper into the community, we find that the population has grown by 3% between 2011 and 2016, which is Above Average in comparison to the average growth rate of this region.

In terms of population density, this neighborhood boasts a density of 151.7 people per square kilometer, which is Below Average. However, this could be an advantage for those seeking a more relaxed pace of life.

Families are also a significant part of this community, with an average family size of 2.6, which is Low in comparison to the whole region. Moreover, 46.6% of families in the area have children, which is also Low. However, 61.2% of the population is married or living common law, which is Average.

The average age of the population in this neighborhood is 45.8, which is High compared to other BC cities.

Now, let's talk about the real estate aspect of this neighborhood. The average value of dwellings in this area is $405,988, which is Above Average compared to other areas in British Columbia.

Owner payments are also Below Average in the area, with an average of $1,069 spent on dwellings. Tenants, on the other hand, pay an average of $952 per month, which is Average compared to other cities.

Interestingly, 25.1% of the population in this district are renters, which is Average compared to other BC cities and areas.

Language-wise, the neighborhood surrounding MLS® R2973455 is predominantly English-speaking, with 93.6% of residents speaking only English. However, 5.9% of the population speaks neither English nor French, which is Below Average compared to other BC cities.

Finally, let's look at transportation in the area. A mere 1.6% of the population uses

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 $1,450,000
No city value $1,450,000
FVREB Out of Town $1,450,000
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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