All Victoria BC Commercial For Sale $500K-$600K
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1000224
- Year Built:
- 1948
- Photos (32)
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Development opportunity in the heart of Duncan! This 0.31-acre property is walking distance to town, schools, and amenities, and offers land assembly potential with the neighbouring lot. Plans are available for an 88-unit residential project, and the rezoning process to High Density Residential (HDR) has been initiated with the City of Duncan. The existing 3 bedroom, 1 bathroom home is currently rented providing income through the early stages of development, and features 2,300+ Sq. Ft. of space, original hardwood floors, a renovated kitchen, and updated windows. The level, fully fenced lot includes a patio and fruit trees. A solid investment for developers and investors.
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building, Land
- Year built:
- 1948 (Age: 77)
- Lease Type:
- Sale Price
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Listing General Location:
- Du East Duncan, Duncan
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 13,504 sq. ft.
- Taxes:
- Signup
- Building Features:
- Shopping Nearby, Transit Nearby
- Construction:
- Concrete, Frame Wood, Glass, Insulation: Ceiling, Insulation: Walls, Wood
- New Construction:
- No
- Foundation:
- Concrete Perimeter
- Electricity:
- Yes
- Number of Storeys:
- 3
- Ceiling Heights:
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- Floor finish:
- Hardwood, Linoleum
- Total Building Area:
- 2,310 sq. ft.
- Commercial Area:
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- Subdivisable Area:
- No
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- None
- Heating:
- Forced Air, Oil
- Fireplace:
- No
- Pending Date:
- Signup
- Balcony/Patio, Fenced, Fencing: Full, Garden
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- Occupancy:
- Tenant
- Property Condition:
- Updated/Remodeled
- Utilities:
- Cable Available, Electricity Connected, Garbage, Natural Gas Available, Phone Available, Recycling
- Lot Site Features:
- Central Location, Easy Access, Level, No Through Road, Recreation Nearby, Shopping Nearby, Sidewalk
- Parking Features:
- On Site
- Total Parking Spaces:
- 3
- Total Units:
- Signup
- Date Listed:
- May 15, 2025
- Original Price:
- 649900.0
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Listed by Coldwell Banker Oceanside Real Estate
Data was last updated August 2, 2025 at 08:05 AM (UTC)
Area Statistics
- Listings on market:
- 11
- Avg list price:
- $3,000,000
- Min list price:
- $599,900
- Max list price:
- $9,475,000
- Avg days on market:
- 121
- Min days on market:
- 45
- Max days on market:
- 730
These statistics are generated based on the current listing's property type
and located in
Du East Duncan. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email