Commercial, Land Development Site Property Commercial Sale, For Sale

3000 Keystone Drive, Duncan

Summary

CIVIC ADDRESS 3000 Keystone Drive, Duncan, BC
SITE SIZE 1.07 Acre
CURRENT ZONING Residential Multi-Family Apartment (R8)
OCR Preliminary Plans for 80-unit residential development
LIST PRICE Contact Agent

The Opportunity

Opportunity to acquire a 1.07 acre residential site in the heart of the Cowichan Valley in Duncan, B.C. located at the intersection of Keystone Drive and Cowichan Lake Road just north of the Cowichan District Hospital. The Cowichan Valley is one of the fastest growing regions in the province and is projected to need an additional 5,000 units of housing by 2025 with an acute shortage of rental and almost no vacancy.  The site is well suited for a multi-residential development to complement the surrounding community.

Location

3000 Keystone Drive is located at the intersection of Keystone Drive and Cowichan Lake Road just north of the District Hospital in a residential neighborhood. Predominantly surrounded by single family homes, the site is well suited for a multi-residential development which would provide some alternative housing options to complement the surrounding community. The property provides convenient access to transit and a host of amenities and services at both the Cowichan Commons and the Duncan Town Centre.