Prime development opportunity for 1.8-acres serviced site located along Averill Creek in the high density growth area of North Cowichan across from the Cowichan Common shopping centre. The site area is level and easy to build on. The two adjacent properties are zoned R8 & CD17 with 5 story condos, and this one may have a possibility for six stories buyer to verify. This development site is situated along the peaceful creek in the beautiful Cowichan Valley, in the city of Duncan, British Columbia. The Cowichan Commons location offers, shopping, transit, and steps to trails that lead to Vancouver Island University and the core of Duncan and a few minute drive to the new Cowichan Hospital. Potential R8 - Residential Multi-Family Zone allows for 1:1 FSR buyer to confirm buildable site area site survey available.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Year built:
2006
(Age: 17)
Lease Type:
Sale Price
Listing General Location:
Du West Duncan, Duncan
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
1.8 acre(s)0.728 hectare(s)
Construction:
Stucco
Foundation:
Concrete Perimeter
Floor finish:
Mixed
Total Building Area:
1,786 sq. ft.165.925 m2
Water supply:
Municipal
Sewer:
Sewer To Lot
Cooling:
Central Air
Heating:
Geothermal
Fireplace:
No
Fencing: Partial
Mountain(s)
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
City of Duncan
Zoning:
R1
Occupancy:
Owner
Lot Site Features:
Landscaped, No Through Road
Parking Features:
On Site
Date Listed:
Aug 01, 2023
Original Price:
1995000.0
1.8 acres water & sewer to site survey of site done
1.8 acres OCP slated for High Density potential for R8
Listed by Jackie Wood
of Pemberton Holmes Ltd. (Dun)
Data was last updated September 26, 2023 at 08:05 AM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$1,297,000
Min list price:
$79,000
Max list price:
$16,900,000
Avg days on market:
159
Min days on market:
8
Max days on market:
340
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.