2.20 ACMultifamily$1,800,000Sale
2.20 AC
Multifamily
$1,800,000
Sale
Mark Rice
Coldwell Banker Oceanside Real Estate
The Space
Asking Price$1,800,000
Available Space2.20 AC
MLS® ID974483
ZoningRM-2
SourceVictoria Real Estate Board
The Building
Welcome to a prime investment opportunity in the heart of Duncan! This 2.20-acre parcel at 5237 Koksilah Road offers a fantastic chance to develop a medium-density multi-family site. Zoned RM-2, the property is perfectly positioned for the construction of up to 26 modern townhomes, making it an ideal prospect for developers and investors alike. Situated in Duncan, this desirable location provides easy access to local amenities, schools, and parks enhancing the attractiveness of the development for future residents. This property presents a unique opportunity to contribute to the growth and vibrance of Duncan's residential landscape. Buyer to consult with the municipality regarding the development potential of the subject property and to rely on their own due diligence.
Property TypeMultifamily
Building Size2 ft²
Lot Size2.20 AC
MLS® ID974483
ZoningRM-2
NOTE: MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
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