Share This Listing

Message

962 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • 1.07-acre site zoned R8 for residential multi-family apartment development
  • Close to major amenities including Vancouver Island University, grocery stores, and community centers
  • Surrounded by established residential neighborhoods and upcoming developments
  • Located at Keystone Drive and Cowichan Lake Road, near Cowichan District Hospital
  • Easy access to Trans-Canada Highway and Duncan City Centre

Executive Summary

This is an exceptional chance to acquire a prime 1.07-acre residential development site situated in the heart of the Cowichan Valley, in the city of Duncan, British Columbia.

Property Facts

Price $1,650,000 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Apartment Units
Total Lot Size 1.07 AC
Zoning R8 - Residential Multi-Family Apartment Zone

1 Lot Available

Lot

Price $1,650,000 CAD
Price Per AC $1,542,056.07 CAD
Lot Size 1.07 AC

The site is strategically located at the intersection of Keystone Drive and Cowichan Lake Road, just north of the Cowichan District Hospital, making it a desirable location for both residents and developers.

Description

The property is zoned R8 – Residential Multi-Family Apartment Zone, allowing for multi-family development with an FSR of 1.0:1. Strategically located at the intersection of Keystone Drive and Cowichan Lake Road, the site offers excellent connectivity and is just north of the Cowichan District Hospital. The surrounding area is a well-established residential neighborhood with convenient access to major amenities, including grocery stores, retail centers, educational institutions, and healthcare facilities. The property is approximately 1.7 km west of Duncan City Centre and an 8-minute drive to the Trans-Canada Highway, providing easy regional access.

Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
  • Listing ID: 39478611

  • Date on Market: 2026-02-18

  • Last Updated:

  • Address: 3000 Keystone Dr, Duncan, BC V9L 0E1

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}