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$999,000
Est. payment /mo
0.36 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision East Duncan
MLS® Listing ID 994121
Originating Board Vancouver Island Real Estate Board
Lot Size 0.363 Acres
Acres 15820.0
Property Sub-Type Freehold
Property Description
HIGH-IMPACT DEVELOPMENT OPPORTUNITY – 2-LOT ASSEMBLY Seize the potential of this prime development site, designated University Village Mid-Rise Residential Comprehensive Development Zone (CD14). Whether you envision a vibrant townhome community or a modern mid-rise apartment complex, this property is a blank canvas ready for your vision. With over $60K invested in project readiness—including demolition, an appraisal, geotechnical studies, a Phase 1 environmental assessment, survey, and conceptual drawings—much of the groundwork is complete, allowing you to focus on execution. Located within walking distance to downtown's shops and cafés, the Cowichan Community Centre, sports complex, pool, and theatre, this site offers a rare blend of convenience, lifestyle, and future growth potential. The most recent land appraisal exceeded $1.5M, reinforcing its exceptional investment value. Full development package available with signed CA. (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold
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Listed by eXp Realty (NA)