CABCDuncan2999 Drinkwater Rd
Listing image | Image 1

2999 Drinkwater Rd, Duncan, BC

House

For Sale

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to see price

000

MLS® 1041858

  • Key Facts
  • Description
  • Map

Key Facts

Type Unimproved Land
Levels Commercial Sale
Size -
Garage 
Taxes $31,707
Days Active 0
Lot Size 0.69 Acres
Approx. Age 
MLS® Number 1041858

Property Address: 2999 Drinkwater Rd, Duncan, BC, V9L6C6

Average square foot calculated using Size range provided by listing agent.

Description

An exciting development opportunity in the heart of the thriving Cowichan Valley. This fully entitled site is zoned CD26 for a 6-storey apartment building at 2.5:1 FSR (75, 903 SF), with all rezoning conditions satisfied and registered on title, giving developers a remarkable head start. Perfectly positioned on a prime intersection directly across from Cowichan Commons, the site enjoys outstanding visibility alongside Walmart, Canadian Tire, and Home Depot in one of the region's most dynamic commercial hubs. There are significant market fundamentals with a low 3.0% vacancy rate and demand for 2, 172 new homes projected over the next five years. Add the transformative $1.45 billion hospital replacement fueling sustained population and employment growth, and the long-term outlook is truly compelling. This is an exceptional acquisition for developers and investors ready to capitalize on one of Vancouver Island's fastest-growing markets.Show Description
MLS® Number1041858
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
DrivewayOn Site
Garage Spaces
Heat
A/C

Extras

Price History

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  • Commute

Commute

Starting Address
Destination Address
2999 Drinkwater Rd, Duncan, BC

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