5984 Cassino Rd
Duncan, British Columbia
MLS® 1022545
$1,800,000
- Status
- Active
- Property type
- Vacant land
- MLS® number
- 1022545
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 6Listing description
Rare 2. 17-acre development and holding opportunity in the Municipality of North Cowichan, located within a rapidly evolving residential growth area near Berkey’s Corner. The property is currently zoned R3 – One and Two-Family Residential, allowing a wide range of permitted uses including single- and two-family dwellings, secondary suites, multi-family residential, assisted living, community care facilities, supportive housing, accessory dwelling units, and home-based businesses, subject to municipal regulations.
The site is designated Village Residential in the North Cowichan Official Community Plan—an urban designation intended to accommodate significant new housing growth. The OCP supports medium-density, multi-family development, including apartments, condominiums, townhouses, and rowhouse forms, with typical building heights of 3–5 storeys and potential consideration for additional height in appropriate locations, subject to approvals. Low-density subdivision is not supported under this designation, reinforcing the site’s long-term multifamily development potential.
This parcel offers flexibility for immediate development under existing zoning, subdivision, or long-term redevelopment through rezoning in alignment with OCP policies. Well positioned within a walkable, growth-oriented planning area, this property represents an exceptional opportunity for developers and land investors seeking exposure to North Cowichan’s future residential expansion. All development potential subject to municipal review and approvals.
Property summary
- MLS® number
- 1022545
- Property type
- Vacant Land
- Title
- Freehold
- Land size
- 2.17 acres
- Annual property taxes
- $6,341.33
- Days on market
- 253 days
Features & details
- Heating
- Forced air, Oil
- Cooling
- Fully air conditioned
- Lot features
- Central location, Other
- View
- Mountain view
What would this home cost you?
Based on the $1,800,000 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 Camosun, Victoria.
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.