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Non-accredited investors, this opportunity is for you. We’ve identified 5 key properties in central Duncan that are fit for substantial redevelopment and are currently zoned for medium density.
The proposed Duncan OCP is in favour of this rezone and we should see it established sometime in the next few weeks, putting this deal in a great position.
RSP Eligible for Accredited Investors
HERE ARE OUR PROJECTIONS.
About the Community
Duncan is part of the Cowichan Valley Regional District (CVRD). Duncan retains is small town charm, but still has plenty of amenities, with both Victoria and Nanaimo just 35 minutes away, when you need access to these major centres.
Duncan itself is the smallest city (by area) in all of Canada, but most people refer to the surrounding area as Duncan.
Surrounding Duncan are beautiful oceanfront areas such as Maple Bay, Genoa Bay and Cowichan Bay, as well as nearby access to the Cowichan River, Shawnigan Lake and Lake Cowichan. For those that enjoy a good hike, many amazing trails await, including those at Mount Tzouhalem, Stoney Hill and Mount Prevost. Duncan’s historic downtown is a wonderful place to spend a Saturday, taking in one of the best Farmer’s markets on Vancouver Island.
The area is expanding rapidly and has multiple major infrastructure projects taking place over the next few years. A new RCMP detachment is underway, expected to be open in the fall of 2022, a new hospital will be starting in the summer of 2022, and it was just announced that the local high school is being replaced with a completely new facility opening in 2024. These infrastructure upgrades will bring population growth, with the CVRD estimating net growth of 5000 residents by 2025.
LOOKING FOR MORE?
Properties with Grace and Top Down Investments has secured a 2-acre property on the intersection of High St. and Anglesia St., in the community of Southampton. The subject property is 1 km from the town centre and the Southampton Main Beach..