2999 Drinkwater Rd
Du West Duncan Duncan V9L 6C6

$3,375,000
Commercial Sale

Main Photo: 2999 Drinkwater Rd in Duncan: Du West Duncan Multi Family for sale : MLS®# 994225
Photo 1: 2999 Drinkwater Rd in Duncan: Du West Duncan Multi Family for sale : MLS®# 994225
Photo 2: 2999 Drinkwater Rd in Duncan: Du West Duncan Multi Family for sale : MLS®# 994225
Photo 3: 2999 Drinkwater Rd in Duncan: Du West Duncan Multi Family for sale : MLS®# 994225
Photo 4: 2999 Drinkwater Rd in Duncan: Du West Duncan Multi Family for sale : MLS®# 994225
Photo 5: 2999 Drinkwater Rd in Duncan: Du West Duncan Multi Family for sale : MLS®# 994225
Photo 6: 2999 Drinkwater Rd in Duncan: Du West Duncan Multi Family for sale : MLS®# 994225
Photo 7: 2999 Drinkwater Rd in Duncan: Du West Duncan Multi Family for sale : MLS®# 994225
Photo 8: 2999 Drinkwater Rd in Duncan: Du West Duncan Multi Family for sale : MLS®# 994225
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
994225
Exceptional Developer Opportunity – PRIME LOCATION! DEVELOPERS TAKE NOTE – ALL THE HARD WORK IS DONE! This ZONED and ready-to-build site is strategically located directly across from the Cowichan Commons Shopping Centre, offering unbeatable exposure and convenience. Situated in the highly sought-after Bell McKinnon OCP, this is one of the few properties in the area near permitting, making it a unique and time-sensitive opportunity for developers. A covenant is registered on the title protecting several key advantages for this property, including no Park DCCs required for development; reducing upfront costs, 6-storey development permitted; unlocking maximum potential, potential for 11 two-story townhomes and 41 - condo units, a relaxation on green space requirements. Take advantage of this rare, pre-approved opportunity in a thriving location with future growth potential. Contact the listing agent today for more information!
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Lease Type:
Sale Price
Listing General Location:
Du West Duncan, Duncan
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0.699 acre(s)
Building Features:
Shopping Nearby, Transit Nearby, Visual Exposure
Total Building Area:
1,224 sq. ft.
Water supply:
Municipal
Sewer:
Sewer To Lot
Fireplace:
No
Other
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
District of North Cowichan
Zoning:
CD26
Lot Site Features:
Central Location, Level, Recreation Nearby, Shopping Nearby
Parking Features:
On Site
Total Parking Spaces:
0
Date Listed:
Apr 04, 2025
Original Price:
3375000.0
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Listed by eXp Realty (NA)
Data was last updated July 13, 2025 at 08:05 AM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$1,650,000
Min list price:
$599,000
Max list price:
$14,000,000
Avg days on market:
113
Min days on market:
39
Max days on market:
720
These statistics are generated based on the current listing's property type and located in Du West Duncan. Average values are derived using median calculations. This data is not produced by the MLS® system.
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.