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Lot A Paldi Rd, Duncan, BC, V9L 6H6

MLS® # 1029984
Vacant Land For Sale In Duncan, British Columbia
$12,000,000 QuickQuoteTM: Not Available
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Lot A Paldi Rd, Duncan, BC, V9L 6H6
$12,000,000

Property Information:

Elk Ridge Estates is a rare large-scale master-planned community in the Cowichan Valley near Duncan, Vancouver Island. This court-ordered sale includes ~196 acres with long-term expansion potential, planned for up to ~355 homes (suites, single- and multi-family), ~100,000 sq. ft. of commercial space, 1 institutional lot, and a ~50-unit hotel/resort.A key asset is the provincially approved licensed water resource, structured for phased implementation.Natural features include four creeks, interconnected trails, three parks, a proposed sports plex, and strong wildlife presence.Infrastructure includes underground power, plus temporary power and water supporting two permitted showrooms.Phase 1 is approved for 103 lots (including five mixed-use) and is cleared.Appraised “as-is” at $28,900,000 10 minutes from downtown Duncan and the new hospital, with full due diligence and a clear phased path to execution.

Property Features:

  • Annual Tax Amount: $13,809
  • Lot Features: See Remarks
  • Lot Frontage: 8537760 Square Feet
  • Lot Size: 196.00 Acres
  • Ownership: Freehold
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Sub Type: Land
  • Road Frontage Type: Highway
  • Utilities: Electricity Available, See Remarks
  • Water Source: Other
  • Zoning: CD-1
  • Zoning Description: Commercial
  • Sewer: Other
  • No. of Parking Spaces: 0

Courtesy of: Pemberton Holmes Ltd.

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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Market Price Trends

Single family detached

-1.33%

Price change (1 year)

33.06%

Price change (5 years)

All Properties

-1.33%

Price change (1 year)

33.06%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of Lot A Paldi Rd, Duncan, BC, V9L 6H6

Demographic Information of Lot A Paldi Rd, Duncan, BC, V9L 6H6

Life Stage

Older Couples

Employment Type

Blue Collar/Primary

Average Household Income

$125,000.00

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.35 %

High school certificate or equivalent

37.61 %

Apprenticeship trade certificate/diploma

19.27 %

College/non-university certificate

20.18 %

University Degree

4.59 %

Commuter

Travel To Work

By Car

92.16 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

7.84 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

Houses

100.0 %

Own Vs. Rent

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