Address
5804 5810 Alderlea St Duncan, BC
Price
$ 999,000
Property Attributes
  • MLS#875399
  • TypeCommercial
  • CityDuncan
  • AreaDuncan
  • NeighbourhoodDu West Duncan
  • Postal CodeV9L 5C7
  • StyleMulti Family
  • Taxes$ 5115
  • Price$ 999,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2722
  • Lot Size0.31 Acres
Listing Provided Courtesy Of:
Sutton Group-West Coast Realty (Dunc)
Data Source:
Vancouver Island Real Estate Board (VIREB)
Property Description

Two homes on two lots with development potential in the quickly growing community of Duncan, located in the Cowichan Valley, halfway between Nanaimo and Victoria on beautiful Vancouver Island, BC. Close to the university, the new high school, community centre and much new development in this vibrant high walk score area, and on bus route. These two side by side properties are zoned R8, Residential Multi-Family Apartment. With a combined square footage of approximately 13,500 square feet and over 120 feet of road frontage, the properties meet the required size and frontage for multifamily development apartments. There is not enough housing to meet demand and people keep coming to the area in droves. Enjoy continued rental income while you come up with your vision for an investment project in this high demand area. Must be purchased as a package.

General Features

Commercial Area Downtown
Commercial Listing Type Building, Land
Property SubType Multi Family
Property Type Commercial Sale
Sewer Sewer Connected
Zoning MULTI -FAMILY APARTMENT

Interior Features

Total Units 12

Exterior Features

Building Area Total 2722.00
Lot Description Level
Lot Size Acres 0.31
Lot Size Dimensions 124X109
Lot Size Square Feet 13516.00
Parking Onsite Yn Yes
Water Source Municipal

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in V9L 5C7

Price
AVG $1,000K
$1,000K
Taxes
AVG $5,115
$5,115
Visits
AVG 63
62