5280 Koksilah Rd
Duncan, British Columbia
MLS® 1042846
$837,500
- Status
- Active
- Property type
- House
- MLS® number
- 1042846
- Bedrooms
- 2
- Bathrooms
- 1
- Year built
- 1962
1 / 31Listing description
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.
Property summary
- MLS® number
- 1042846
- Property type
- Single Family
- Building type
- House
- Square footage
- 970 sq ft
- Title
- Freehold
- Land size
- 2.35 acres
- Built in
- 1962
- Annual property taxes
- $4,058.51
- Parking
- 8 spaces
- Days on market
- 60 days
Features & details
- Heating
- Baseboard heaters, Electric
- Cooling
- None
- Lot features
- Acreage, Central location, Private setting, Wooded area, Sloping, Other
- View
- Mountain view
What would this home cost you?
Based on the $837,500 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX Island Properties (DU), Duncan.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.