$1,650,000

Investment For Sale In Duncan, British Columbia

$1,650,000

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.