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5280 Koksilah Rd, Duncan

MLS® #1042846
About this Property

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. (id:62865)

Property Information

Status

Active

Year Built

1962

Property Type

House

Ownership

Freehold

Parking Spaces

8

Annual Tax

$4,059

Zoning

Residential

Parcel Number

031-339-867

Data Source

Vancouver Island Real Estate Board

Interior Details

Bedrooms

2

Bathrooms

1

Living Area

970 square feet

Exterior & Lot

Lot Size

2.35 acres

View

Mountain view

Lot Features

AcreageCentral locationPrivate settingWooded areaSlopingOther
Building & Utilities

Heating

Baseboard heaters, Electric

Cooling

None

$899,900

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
2Beds
1Baths
970sqft
Listing Courtesy of

Office

RE/MAX Island Properties (DU)

Mortgage Calculator
$179,980

Loan Amount:

$719,920

Estimated Monthly Payment:

$3,508

This is an estimate for informational purposes only. Consult with a financial advisor.