- Active
675 Powell Street
Duncan · Vacant Land
- Lot size
- 9,292 ft²
- Built
- 1930
Listed by RE/MAX Island Properties (DU) · MLS® 1042456
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Sign inAbout this home
Exceptional opportunity for builders, investors, or handy buyers looking to create value. Situated on a quiet no-through road in quiet neighborhood, this nearly double-sized 9,292 sq.ft. (.21-acre) lot is cleared and ready for your vision. The existing home is an 3 bedroom 1 bath rancher at 1100 sq.ft. It has been completely stripped to the studs, with all, interior, attic, and crawlspace debris materials removed, providing a clean starting point for renovation or redevelopment. LDR (Low Density Residential) zoning offers excellent flexibility, permitting two-unit dwellings, attached or detached secondary suites, and multi-unit or row-house development of up to four units (buyer to verify). Short-term rentals are also permitted under the current zoning. Within walking distance of downtown, shopping, schools, and recreation, this is a rare chance to build equity or unlock the property's full development potential in a convenient in-town location.
Home facts
- Lot size
- 9,292 sq ft
- Year built
- 1930
- Parking
- 4
- Property type
- Vacant Land
- Area
- East Duncan
- Listed
- July 7, 2026
- PID
- 001-941-780
- Common interest
- Freehold
Features and inclusions
- Heating
- Baseboard heaters
- Cooling
- None
- Parking
- Street
Rooms and building
- Water
- Zoning
- Residential
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $2,014
- Property tax
- $125/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,289
Purchase snapshot
- List price
- $425,000
- Down payment
- $85,000 (20%)
- Estimated mortgage
- $340,000
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $2,963
- At 6.9710 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Moderate risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 46%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.
