Duncan · V9L6V3
$4,651/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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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.
2
Beds
1 full
Baths
970 ft²
Floor area
1962
Year built
8
Parking
$4,059/yr
Gross tax
Single Family
Type
Cowichan Station/Glenora
Area
Listed
July 10, 2026
Structure
House
PID
031-339-867
Property highlights
Mountain view
Features & inclusions
Heating
Baseboard heaters, Electric
Cooling
None
Lot
Acreage, Central location, Private setting, Wooded area, Sloping, Other
Common interest
Freehold
Nearby & Commute
18 min
walk to Real Canadian Superstore
7 min
bike to nearest SkyTrain station
24 min
walk to nearest SkyTrain station
2h 52m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 35%
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A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$4,651
Principal and interest
Calculated estimate
$4,163
Property tax
Listing data
$338/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$899,900
Down payment
Calculated estimate
$179,980 (20%)
Estimated mortgage
Calculated estimate
$719,920
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Tax from listing
Est. monthly total
$4,651
/mo
Rate
%
Amortization
Principal and interest
$4,163
Property tax
$338
P&I
Tax
Down payment
$179,980 (20%)
Get Pre-Approved
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $179,980 down (20%) on $899,900, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
| Detached | 24 | 34.8% |
| Condo / Apartment | 16 | 23.2% |
| Land | 8 | 11.6% |
| Townhouse | 6 | 8.7% |
| Mobile home | 5 | 7.2% |
| Other | 10 | 14.5% |
| $20,000 to $24,999 | 5 | 1.9% |
| $25,000 to $29,999 | 10 | 3.8% |
| $30,000 to $34,999 | 10 | 3.8% |
| $35,000 to $39,999 | 5 | 1.9% |
| $40,000 to $44,999 | 15 | 5.7% |
| $45,000 to $49,999 | 5 | 1.9% |
| $50,000 to $59,999 | 30 | 11.3% |
| $60,000 to $69,999 | 25 | 9.4% |
| $70,000 to $79,999 | 10 | 3.8% |
| $80,000 to $89,999 | 25 | 9.4% |
| $90,000 to $99,999 | 15 | 5.7% |
| $100,000 to $124,999 | 45 | 17.0% |
| $125,000 to $149,999 | 20 | 7.5% |
| $150,000 to $199,999 | 25 | 9.4% |
| $200,000 and over | 20 | 7.5% |
$825,000
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2 bd
1 ba
936 sqft
$988/sqft
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5041 Paton Road
Ladysmith · Residential
2 bd
1 ba
879 sqft
$972/sqft
Built 1965
MLS® 1037227
Royal LePage Nanaimo Realty LD
