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.
| Address |
5237 Koksilah Rd |
| List Price |
$1,599,900 |
| Property Type |
Commercial Sale |
| Type of Dwelling |
Multi Family |
| Area |
Duncan |
| Sub-Area |
Du West Duncan |
| Lot Size |
96029 Sq. Ft. |
| Lot Size Acres |
2.2 Ac. |
| MLS® Number |
974483 |
| Listing Brokerage |
Coldwell Banker Oceanside Real Estate
|
| Postal Code |
V9L 6V6 |
| Tax Amount |
$3,400 |
| Tax Year |
2023 |
