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- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1015562
- Photos (2)
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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 Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Land
- Lease Type:
- Sale Price
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
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- Listing General Location:
- Du West Duncan, Duncan
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 1.07 acre(s)
- Taxes:
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- Pending Date:
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- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Jurisdiction name:
- District of North Cowichan
- Legal Description:
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- Zoning:
- R8 - Residential Multi-Fa
- Lot Site Features:
- Cleared, Corner Lot, Sloped
- Parking Features:
- On Site
- Total Parking Spaces:
- 0
- Total Units:
- Signup
- Date Listed:
- Oct 01, 2025
- Original Price:
- 1650000.0
-
Photo 1 of 2 -
Photo 2 of 2
Listed by William Wright Commercial Real Estate Services
Data was last updated March 5, 2026 at 12:05 PM (UTC)
Area Statistics
- Listings on market:
- 21
- Avg list price:
- $1,650,000
- Min list price:
- $400,000
- Max list price:
- $6,887,000
- Avg days on market:
- 63
- Min days on market:
- 9
- Max days on market:
- 955
These statistics are generated based on the current listing's property type
and located in
Du West Duncan. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- JEFF MEYER
- eXp Realty Canada
- 1.250.885.2047
- Info@VIREG.ca
