40 & 50 Coronation Ave, Duncan, BC


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About 40 & 50 Coronation Ave

LOCATION! LOCATION! Prime Development site/holding property; or enjoy private, park like, Downtown Duncan living. Three large lots with two updated, well maintained, 3 bedroom character homes currently rented to excellent tenants. Zoned "Neighbourhood Commercial” allowing Commercial & Multi-Family development; up to 4 Storey. Potential to rezone to higher density 5 or 6 storey (Buyer to confirm with the City of Duncan). Several potential uses & options. Recent clean Phase 1 Environmental Study including APEC investigations & Asbestos Clearance Certificates available. Level .67 acre, 29,243 sq ft, total site area with great views. House updates include: vinyl thermal windows, new attic insulation, natural gas heat, & rewiring with new 200 amp services. Annual Rents: $54,324. Potential for additional income by renting large vacant backyard with separate driveway & double carport with workshop/storage. No GST. A sound investment & a very rare opportunity in the beautiful Cowichan Valley.

Basic Information

MLS® # 887613
Price $1,695,000
Sub-Type Single Family Detached
Beds 6
Baths 3.00
Kitchens 2
Interior SqFt 5,183
Lot Size 0.67 Acres

Location Information

Address 40 & 50 Coronation Ave
Postal Code V9L 2S7
Area Duncan
Sub Area West Duncan
Jurisdiction City of Duncan
PID Number 006-108-334 & 006-108-369 & 005-348-498
View City, Mountain(s)
Waterfront? No

Features & Amenities

Water Municipal
Sewer Sewer Connected
Heating Natural Gas, Electric, Heat Pump, Wood
Cooling Wall Unit(s)
Foundation Details Poured Concrete
Property Condition Updated/Remodeled
Laundry In House
Parking Driveway, Carport Double

Additional Information

Pet Policy Aquariums, Birds, Caged Mammals, Cats, Dogs
Rental Policy Unrestricted
Agricultural Land Reserve (ALR)? No
Lot Features Central Location, Cleared, Easy Access, Irrigation Sprinkler(s), Level, Landscaped, Recreation Nearby, Sidewalk, Shopping Nearby, Serviced

Listing Details

OfficeSutton Group-West Coast Realty (Dunc)

Listing Map