Acreage
5280 Koksilah Rd
Cowichan Station/Glenora, Duncan, BC
MLS® 1042846 · 61 days on market
$837,500
2.4 acres
2 bed · 1 bath · 970 sqft
Description
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. (id:63159)
Property Details
Property & Lot
- Sub-type
- House
- Year built
- 1962
- Lot size
- 2.4 acres
- Zoning
- Residential — R-3
- Title
- Freehold
Interior
- Heating
- Baseboard heaters, Electric
- Cooling / A/C
- None
Exterior & Land
- View
- Mountain view
- Lot features
- Acreage, Central location, Private setting, Wooded area, Sloping, Other
Building & Utilities
- Parking spaces
- 8
- Parcel ID (PID)
- 031-339-867
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bonus Room | Lower level | 13'1 x 11'7 |
| Family room | Lower level | 13'2 x 11'11 |
| Living room | Main level | 14'9 x 12'2 |
| Kitchen | Main level | 14'9 x 11'10 |
| Bathroom | Main level | 4-Piece |
| Primary Bedroom | Main level | 10'2 x 10'2 |
| Bedroom | Main level | 7'8 x 10'6 |
| Laundry room | Lower level | 14'7 x 11'4 |
- Annual property tax
- $4,058.51
- Brokerage
- RE/MAX Island Properties (DU)
Location Insights
Population
5,047
(2021 Census)
+2.1% since 2016
- Density
- 2,450/km²
- Dwellings
- 2,620
- Median household income
- $53,200
- After-tax
- $49,600
- Immigrant population
- 11%
Top countries of origin
- United Kingdom2.8% · 140
- United States of America1.4% · 70
- Germany1.1% · 55
- Netherlands0.9% · 45
- Philippines0.6% · 30
- India0.4% · 20
- Mexico0.3% · 15
- Hungary0.2% · 10
Source: Statistics Canada, 2021 Census of Population.
Weather
23°C
—
Humidity 50%
Wind ENE 4 km/h
Today
24°
Tonight
14°
Thursday
22°
Thursday night
11°
Friday
16°
Friday night
12°
Source: Environment and Climate Change Canada.
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