Duncan, BC. Vacant 196-acre development site located on Paldi Road in Cowichan Valley Regional District.
Fantastic opportunity to invest in a large acreage with natural surroundings. Site approved for 330 housing units and 100,000 sq. ft. of commercial. Development permit in place for the first 103 units.
At the Asking Price, the current owner will include the Approved Water Licence and servicing agreement for the site. The Licence and agreement provide water and wastewater services to the Property and neighbouring properties. There is a 15-year latecomer agreement for those accessing the water and wastewater services. (Contact Agent for additional information).
Buyer to verify development potential, water, and wastewater with CVRD
Sold 'as is, where is Court order sale. Subject to court approval.
Property Type:
Commercial Sale
Type:
Unimproved Land
Commercial Type:
Land
Lease Type:
Sale of Assets
Listing General Location:
Du West Duncan, Duncan
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
196.001 acre(s)79.3 hectare(s)
Taxes:
$12,818.75 /
2024
Electricity:
Yes
Commercial Area:
Not Applicable
Water supply:
Other
Sewer:
Other
Fireplace:
No
Electric, See Remarks
See Remarks
Main Level
0
Yes
No
Unrestricted
Assessed:
2739000.0
Assessment year:
2025
Jurisdiction name:
Duncan Rural (766)
Legal Description:
LOT A, BLOCK 162, PLAN VIP19885, SEYMOUR LAND DISTRICT, EXCEPT PLAN VIP75847, EXC THAT PART DESIGNATED AS PCL A (DD EC42703) & EXC PART IN PL2381 RW & VIP75848
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Listed by Macdonald Commercial Real Estate Services Ltd
Data was last updated May 14, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$1,650,000
Min list price:
$380,000
Max list price:
$15,000,000
Avg days on market:
162
Min days on market:
9
Max days on market:
660
These statistics are generated based on the current listing's property type
and located in
Du West Duncan. Average values are
derived using median calculations.