- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1000224
- Year Built:
- 1948
- Photos (32)
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Development opportunity in the heart of Duncan! This 0.31-acre property is walking distance to town, schools, and amenities, and offers land assembly potential with the neighbouring lot. Plans are available for an 88-unit residential project, and the rezoning process to High Density Residential (HDR) has been initiated with the City of Duncan. The existing 3 bedroom, 1 bathroom home is currently rented providing income through the early stages of development, and features 2,300+ Sq. Ft. of space, original hardwood floors, a renovated kitchen, and updated windows. The level, fully fenced lot includes a patio and fruit trees. A solid investment for developers and investors.
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building, Land
- Year built:
- 1948 (Age: 77)
- Lease Type:
- Sale Price
- Listing General Location:
- Du East Duncan, Duncan
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 13,504 sq. ft.
- Taxes:
- $4,655 / 2025
- Building Features:
- Shopping Nearby, Transit Nearby
- Construction:
- Concrete, Frame Wood, Glass, Insulation: Ceiling, Insulation: Walls, Wood
- New Construction:
- No
- Foundation:
- Concrete Perimeter
- Electricity:
- Yes
- Number of Storeys:
- 3
- Floor finish:
- Hardwood, Linoleum
- Total Building Area:
- 2,310 sq. ft.
- Commercial Area:
- Other
- Subdivisable Area:
- No
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- None
- Heating:
- Forced Air, Oil
- Fireplace:
- No
- Balcony/Patio, Fenced, Fencing: Full, Garden
- Main Level
- 0
- Yes
- No
- Unrestricted
- Assessed:
- 596000.0
- Assessment year:
- 2025
- Jurisdiction name:
- City of Duncan
- Legal Description:
- LOT 1, SECTION 16, RANGE 7, QUAMICHAN DISTRICT, PLAN 5399
- Zoning:
- MDR
- Legal Non-Conformance:
- No
- Units in Building:
- 1
- Occupancy:
- Tenant
- Property Condition:
- Updated/Remodeled
- Utilities:
- Cable Available, Electricity Connected, Garbage, Natural Gas Available, Phone Available, Recycling
- Lot Site Features:
- Central Location, Easy Access, Level, No Through Road, Recreation Nearby, Shopping Nearby, Sidewalk
- Parking Features:
- On Site
- Total Parking Spaces:
- 3
- Total Units:
- 1
- Date Listed:
- May 15, 2025
- Original Price:
- 649900.0
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Data was last updated June 25, 2025 at 07:30 AM (UTC)
Area Statistics
- Listings on market:
- 13
- Avg list price:
- $3,000,000
- Min list price:
- $275,000
- Max list price:
- $9,475,000
- Avg days on market:
- 83
- Min days on market:
- 7
- Max days on market:
- 692
These statistics are generated based on the current listing's property type
and located in
Du East Duncan. Average values are
derived using median calculations.
- Theresa Carter
- Coldwell Banker Oceanside Real Estate
- 250-737-4500
- Contact by Email
Office Address:
3194 Douglas St
Victoria BC, BC, V8Z 3K6