Attention Developers & Investors! This is an exceptional opportunity to acquire a prime 1.07-acre residential development site in the heart of the Cowichan Valley, Duncan, BC. Strategically located at Keystone Drive and Cowichan Lake Road, just north of the Cowichan District Hospital and only +/- 1.7 KM west of Duncan City Centre in a well-established residential area, the property is zoned R8 – Residential Multi-Family Apartment Zone allowing for a 1.0:1 FSR or approximately 46,600 buildable SQFT. Ideally situated just a 10-minute drive from the brand-new Cowichan District Hospital, this site offers strong future demand and growth potential. Adding further value, a Vendor Take Back mortgage is available at 80% Loan to Value, providing flexible financing options for qualified buyers—don’t miss this rare and time-sensitive opportunity in one of Vancouver Island’s fastest-growing communities.
Address
3000 Keystone Dr
List Price
$1,650,000
Property Type
Commercial Sale
Type of Dwelling
Multi Family
Transaction Type
Sale
Area
Duncan
Sub-Area
Du West Duncan
Lot Size
46609 Sq. Ft.
Lot Size (Acres)
1.07 Ac.
MLS® Number
1015562
Listing Brokerage
William Wright Commercial Real Estate Services
Postal Code
V9L 0E1
Tax Amount
$8,229.00
Tax Year
2024
Amenities
Cleared, Corner Lot, Sloped