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675 Powell St, Duncan

MLS® #1042456
About this Property

Exceptional opportunity for builders, investors, or handy buyers looking to create value. Situated on a quiet no-through road in quiet neighborhood, this nearly double-sized 9,292 sq.ft. (.21-acre) lot is cleared and ready for your vision. The existing home is an 3 bedroom 1 bath rancher at 1100 sq.ft. It has been completely stripped to the studs, with all, interior, attic, and crawlspace debris materials removed, providing a clean starting point for renovation or redevelopment. LDR (Low Density Residential) zoning offers excellent flexibility, permitting two-unit dwellings, attached or detached secondary suites, and multi-unit or row-house development of up to four units (buyer to verify). Short-term rentals are also permitted under the current zoning. Within walking distance of downtown, shopping, schools, and recreation, this is a rare chance to build equity or unlock the property's full development potential in a convenient in-town location. (id:62865)

Property Information

Status

Active

Year Built

1930

Property Type

Vacant Land

Ownership

Freehold

Parking Spaces

4

Annual Tax

$3,252

Zoning

Residential

Parcel Number

001-941-780

Data Source

Vancouver Island Real Estate Board

Interior Details

Bedrooms

0

Bathrooms

0

Exterior & Lot

Lot Size

9292.0 sqft

Building & Utilities

Heating

Baseboard heaters

Cooling

None

$425,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
Listing Courtesy of

Office

RE/MAX Island Properties (DU)

Mortgage Calculator
$85,000

Loan Amount:

$340,000

Estimated Monthly Payment:

$1,657

This is an estimate for informational purposes only. Consult with a financial advisor.