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Royal LePage
Royal LePage
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$1,650,000

Duncan BC, V9L 0E1

MLS® # 1015562

Property Information:

Attention Developers & Investors! This is an exceptional opportunity to acquire a prime 1.07-acre residential development site in the heart of the Cowichan Valley, Duncan, BC. Strategically located at Keystone Drive and Cowichan Lake Road, just north of the Cowichan District Hospital and only +/- 1.7 KM west of Duncan City Centre in a well-established residential area, the property is zoned R8 – Residential Multi-Family Apartment Zone allowing for a 1.0:1 FSR or approximately 46,600 buildable SQFT. Ideally situated just a 10-minute drive from the brand-new Cowichan District Hospital, this site offers strong future demand and growth potential. Adding further value, a Vendor Take Back mortgage is available at 80% Loan to Value, providing flexible financing options for qualified buyers—don’t miss this rare and time-sensitive opportunity in one of Vancouver Island’s fastest-growing communities.

Property Features:

  • Annual Tax Amount: $8,229
  • Building Features: Shopping Nearby
  • Lot Features: Cleared, Corner Lot, Sloped
  • Lot Frontage: 46609 Square Feet
  • Lot Size: 1.07 Acres
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Multi Family
  • Zoning: R8 - Residential Multi-Fa
  • No. of Parking Spaces: 0

Courtesy of: William Wright Commercial Real Estate Services

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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⚠ Potential Investment Performance

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Location of 3000 Keystone Dr, Duncan, BC, V9L 0E1

Demographic Information of 3000 Keystone Dr, Duncan, BC, V9L 0E1

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$92,658.89

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.93 %

High school certificate or equivalent

36.04 %

Apprenticeship trade certificate/diploma

8.41 %

College/non-university certificate

23.08 %

University certificate (below bachelor)

0.4 %

University Degree

14.14 %

Commuter

Travel To Work

By Car

85.36 %

By Public Transit

3.02 %

By Walking

8.03 %

By Bicycle

1.98 %

By Other Methods

1.61 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

25.92 %

Houses

74.08 %

Own Vs. Rent

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