Duncan · V9L2N7
$7,770/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
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Exceptional income property in the historic downtown core of Duncan, boasting a strong ~6.4% cap rate (based on current NOI) with the potential for partial owner occupancy (1,500 sq ft). The spacious second floor (approx. 3,600 sq ft) features multiple (6-7) offices and 3 large open flex spaces (used as 2 class rooms / 1 Kitchen), perfect for various business needs. The lower level (approx. 3,600 sq ft), facing Trunk Rd, one of Duncan's busiest streets, offers excellent visibility and foot traffic. This property is set in a vibrant community experiencing growth and revitalization, making it an ideal investment opportunity. Conveniently located on Southern Vancouver Island, Duncan serves as the main business and shopping hub for the Cowichan Valley, situated 60 KM north of Victoria and 50 KM south of Nanaimo. Please do not approach tenants; all sizes are approx. and should be verified by the buyer. This proposed transaction is a share sale. New roof and additional improvements - 2025.
Other
Type
West Duncan
Area
Listed
April 23, 2026
Nearby & Commute
5 min
walk to Real Canadian Superstore
1 min
bike to nearest SkyTrain station
2 min
walk to nearest SkyTrain station
2h 50m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 47%
| Detached | 55 | 47.4% |
| Townhouse | 21 | 18.1% |
| Condo / Apartment | 16 | 13.8% |
| Land | 7 | 6.0% |
| Mobile home | 6 | 5.2% |
| Other | 11 | 9.5% |
| Under $5,000 | 5 | 1.4% |
| $10,000 to $14,999 | 10 | 2.7% |
| $15,000 to $19,999 | 15 | 4.1% |
| $20,000 to $24,999 | 20 | 5.4% |
| $25,000 to $29,999 | 35 | 9.5% |
| $30,000 to $34,999 | 25 | 6.8% |
| $35,000 to $39,999 | 40 | 10.8% |
| $40,000 to $44,999 | 20 | 5.4% |
| $45,000 to $49,999 | 30 | 8.1% |
| $50,000 to $59,999 | 40 | 10.8% |
| $60,000 to $69,999 | 35 | 9.5% |
| $70,000 to $79,999 | 35 | 9.5% |
| $80,000 to $89,999 | 15 | 4.1% |
| $90,000 to $99,999 | 10 | 2.7% |
| $100,000 to $124,999 | 15 | 4.1% |
| $125,000 to $149,999 | 15 | 4.1% |
| $150,000 to $199,999 | 5 | 1.4% |
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$7,770
Principal and interest
Calculated estimate
$7,170
Property tax
Calculated estimate
$450/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$1,550,000
Down payment
Calculated estimate
$310,000 (20%)
Estimated mortgage
Calculated estimate
$1,240,000
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Metro averages
Est. monthly total
$7,770
/mo
Rate
%
Amortization
Principal and interest
$7,170
Property tax (est.)
$450
P&I
Tax
Down payment
$310,000 (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 $310,000 down (20%) on $1,550,000, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. 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.
At 6.5924 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.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
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.
