Luxury Victoria Waterfront Listings
2999 Drinkwater Rd
Du West Duncan
Duncan
V9L 6C6
$3,375,000
Commercial Sale
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 994225
- Photos (8)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
Cancel any time.
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
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Listing General Location:
- Du West Duncan, Duncan
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 0.699 acre(s)0.28 hectare(s)
- Taxes:
- Signup
- Building Features:
- Shopping Nearby, Transit Nearby, Visual Exposure
- Ceiling Heights:
- Signup
- Total Building Area:
- 1,224 sq. ft.114 m2
- Commercial Area:
- Signup
- Water supply:
- Municipal
- Sewer:
- Sewer To Lot
- Fireplace:
- No
- Pending Date:
- Signup
- Other
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Lot Site Features:
- Central Location, Level, Recreation Nearby, Shopping Nearby
- Parking Features:
- On Site
- Total Parking Spaces:
- 0
- Total Units:
- Signup
- Date Listed:
- Apr 04, 2025
- Original Price:
- 3375000.0
Larger map options:
Listed by eXp Realty (NA)
Data was last updated July 26, 2025 at 10:05 AM (UTC)
Area Statistics
- Listings on market:
- 11
- Avg list price:
- $1,650,000
- Min list price:
- $995,000
- Max list price:
- $14,000,000
- Avg days on market:
- 113
- Min days on market:
- 12
- Max days on market:
- 733
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.
- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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.