Development Opportunity! Ideally located just south of Duncan with easy highway access, this 2.35-acre property offers exceptional future development potential. Connected to both municipal water and sewer, the property is currently zoned R-3 Urban Residential and includes a tenanted 2-bedroom, 1-bathroom home that could provide holding income while future plans are explored. Current zoning permits a minimum lot size of approximately 0.22 acres, making it well suited for single-family homes with legal suites. With significant growth planned throughout the Cowichan Valley, this is an outstanding opportunity for developers, investors, or groups looking to secure a property with long-term upside. There may also be potential to rezone or stratify for alternative development configurations, subject to municipal approvals. Buyers must conduct their own due diligence regarding zoning, subdivision, servicing, and development potential.
Data was last updated July 10, 2026 at 10:05 PM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$1,250,000
Min list price:
$295,000
Max list price:
$5,175,000
Avg days on market:
49
Min days on market:
15
Max days on market:
280
Avg price per sq.ft.:
$504.85
These statistics are generated based on the current listing's property type
and located in
Du Cowichan Station/Glenora. Average values are
derived using median calculations. This data is not produced by
the MLS® system.