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2.2 Acres Lot
$ 1,599,900
Est. payment | /mo
2.2 Acres Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 974483
Rental Info Unrestricted
Annual Tax Amount $3,399
Tax Year 2023
Lot Size 2.200 Acres
Acres 2.2
Property Description
Welcome to a prime investment opportunity in the heart of Duncan! This 2.20-acre parcel at 5237 Koksilah Road offers a fantastic chance to develop a medium-density multi-family site. Zoned RM-2, the property is perfectly positioned for the construction of up to 26 modern townhomes, making it an ideal prospect for developers and investors alike. Situated in Duncan, this desirable location provides easy access to local amenities, schools, and parks enhancing the attractiveness of the development for future residents. This property presents a unique opportunity to contribute to the growth and vibrance of Duncan's residential landscape. Buyer to consult with the municipality regarding the development potential of the subject property and to rely on their own due diligence.
Location
Province BC
County Cowichan Valley Regional District
Area Duncan
Zoning RM-2
Exterior
Parking On Site 1
Others
Pets Allowed Yes
Tax ID 001-169-874
Ownership Freehold
Listed by Coldwell Banker Oceanside Real Estate
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