2 Bed Single Family Detached in Duncan

$899,900

5280 Koksilah Rd
MLS® NO: 1042846

Description

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.

General

Property Type:Single Family Detached
Title of Ownership:LOT 1 SECTION 13 RANGE 6 QUAMICHAN DISTRICT PLAN EPP103308
Layout:Main Level Entry with Lower Level(s)
Taxes:$4,059
Tax Year:2026
Finished Sq. Ft.:970
Unfinished Sq. Ft.:165
Year Built:1962

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Interior Details

Bedroom(s): 2
Bathroom(s): 1
Basement Type: Not Full Height, Partially Finished
Basement Description: 1
Appliances Included: Range Hood

Building Details

Foundation: Block
Roof: Fibreglass Shingle
Heat/Air: Baseboard, Electric

Site Influences

Lot SqFt: 102,366
Acres: 2.35
Water: Municipal
Waste: Sewer Connected
Zoning: R-3
Parking: Attached, Carport, Driveway, Open, RV Access/Parking
Lot Features: Acreage, Central Location, Easy Access, Private, Recreation Nearby, Serviced, Shopping Nearby, Sloping, Wooded Lot

Strata Lot Information

Rental Restrictions: Unrestricted

Room Dimensions

Lower Level

Bonus Room11'7x13'1
Family Room11'11x13'2

Main Level

Bathroom4-Piece
Bedroom10'6x7'8
Bedroom - Primary10'2x10'2
Kitchen11'10x14'9
Living Room12'2x14'9

Unfinished

Laundry11'4x14'7

Property Details

Beds: 2
Baths: 1
Sq. Feet: 970
Year Built: 1962
Property Type: Single Family Detached
Municipality: Duncan

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Listed with:

Cal Kaiser
RE/MAX Island Properties (DU)
Phone: 250-748-7200

Tammy Bigelow
RE/MAX Island Properties (DU)
Phone: 250-748-7200

NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.