For Sale138d on market
231 1st St
Duncan, BC, V9L1R3 • V9L • Cowichan Valley Regional District
$499,000
0.17 acLot
Market activity
Demand and pricing signals for this listing
8 views
People checking out this listing
138 days on market
Established listing
About this home
Lot
Prime development opportunity in the heart of downtown Duncan. This vacant parcel of land comes with building plans already drafted for a 6-unit townhouse development, thoughtfully designed to mirror the successful project next door. With much of the preliminary groundwork completed by the current owner, this site is well positioned for a smooth transition into construction. Offering the potential to create much-needed housing in Duncan’s vibrant downtown core, this property is ideal for developers seeking a manageable, small-scale project. The planned units could be retained as rentals or sold individually as strata homes, providing flexibility for your investment strategy. A detailed information package is available from your Realtor.
Estimated monthly payment
Based on current rates
$3,255/month
Principal & Interest$2,589
Property Tax$499
Insurance$166
Down payment20% ($99,800)
3%50%
Est. 6.75% rate · 30yr fixed · $399,200 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land
Systems
Water / SewerMunicipal
Parking & Outdoor
Lot7,405 sqft
Location & Tax
NeighborhoodV9L
ZoningHigh Density Residential
Annual tax$4,134
Parcel008465428
Features & details
1 category of property features
Exterior Features
Utilities
Sewer Connected
Listing insights
Market data and value estimates
StatusFor Sale
Days on market138
On marketNov 19, 2025
PostedNov 19, 2025
MLS updatedNov 19, 2025
Tour days6
Views8
Location
Duncan, BC, V9L1R3
Price history
1 event
DateEventPrice$/sqftSource
Nov 19, 2025Listed For Sale$499,000—VIVA
Listed For Sale$499,000
Nov 19, 2025•VIVA
Nearby homes
Neighborhood details
Local context around this listing
Duncan, BC • Cowichan Valley Regional District
Nearby cities
DuncanLadysmithLake CowichanNorth Cowichan
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