Development Opportunity! Ideally located just south of Duncan with easy highway access, this 2.35-acre property offers exceptional future development potential. Connected to both municipal water and sewer, the property is currently zoned R-3 Urban Residential and includes a tenanted 2-bedroom, 1-bathroom home that could provide holding income while future plans are explored. Current zoning permits a minimum lot size of approximately 0.22 acres, making it well suited for single-family homes with legal suites. With significant growth planned throughout the Cowichan Valley, this is an outstanding opportunity for developers, investors, or groups looking to secure a property with long-term upside. There may also be potential to rezone or stratify for alternative development configurations, subject to municipal approvals. Buyers must conduct their own due diligence regarding zoning, subdivision, servicing, and development potential.
Utilities for property: Electricity Connected, Garbage, Recycling
Community & HOA
Location
Region: Cowichan Valley
Financial & listing details
Price per square foot: C$928/sqft
Tax assessed value: C$810,000
Annual tax amount: C$4,058
Date on market: 7/10/2026
Ownership: Freehold
Electric utility on property: Yes
Road surface type: Paved
Cal Kaiser Personal Real Estate Corporation
Cal Kaiser Personal Real Estate Corporation
(250) 748-7200
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