Property Type: DuplexOwnership: Freehold

126 Queens Rd

Duncan, BC V9L2W6

$599,000

4 bed2 bath1 parking1,490 sqftBuilt 1951
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Property Details

Property & Lot

Sub-type
Duplex
Lot size
5,236 square feet
Zoning
Residential

HDR

Ownership & Fees

Property type
Duplex
Ownership
Freehold
Annual property tax
$5,041.18

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
None

Parking

Total spaces
1 — uncovered indicated
Features
Stall

Room Dimensions

RoomLevelDimensions
BathroomLower level4-Piece
BedroomLower level10'2 x 11'1
BedroomLower level9'10 x 9'4
KitchenLower level13'5
Living roomLower level12'10 x 13'9
BathroomMain level4-Piece
BedroomMain level10'3 x 9'8
Primary BedroomMain level10'4 x 11'3
Living roomMain level12'10 x 14'1
KitchenMain level10'5 x 13'8
EntranceMain level7'11 x 4'5

Listing Information

MLS®
1041883
Listed
June 29, 2026
Time on market
On the market for 63 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Island Properties (DU) · Data source: CREA DDF.

Description

INVESTOR ALERT! LEGAL DUPLEX IN DOWNTOWN DUNCAN WITH FUTURE DEVELOPMENT POTENTIAL. Prime opportunity for investors, first-time buyers, or families looking to get into the market! This legal duplex 2 Bedrooms 1 bath up and down, is in the heart of downtown Duncan with exciting future high-density development potential. Develop now or hold for the future, this property offers flexibility and long-term upside. Currently fully rented, it also offers the option for an owner-occupier to move in and enjoy a centrally located home. Recent updates include a newer roof 2015, hot water tanks 2018/2025, updated electrical in 2013 newer windows/doors, 2013/2018, providing peace of mind for years to come. Whether you're looking for a solid investment, a starter family home, or a property with future redevelopment possibilities, this is a rare opportunity in a growing downtown location. Opportunities like this don't come up often, secure a property today with both current income and future potential. (id:63159)

Values & Trends

This listing

$402/sqft

Building average

No other active listings in this building

West Duncan average

$442/sqft

6 active listing(s)

Parking: 1 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

15°C

Humidity 82%

Wind NNW calm km/h

Tonight

12°

Tuesday

21°

Tuesday night

14°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

5,047

(2021 Census)

+2.1% since 2016

Density: 2,450/km²

Dwellings: 2,620

Median household income: $53,200

After-tax: $49,600

Immigrant population: 11%

Top countries of origin (% of total population)

  • United Kingdom2.8% · 140
  • United States of America1.4% · 70
  • Germany1.1% · 55
  • Netherlands0.9% · 45
  • Philippines0.6% · 30
  • India0.4% · 20
  • Mexico0.3% · 15
  • Hungary0.2% · 10

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

56

7/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Khowhemun ElementaryElementary905 m
Quamichan SchoolSecondary1.0 km
Des CascadesElementary1.0 km
Duncan Christian School(Independent)K-121.1 km
Alexander ElementaryElementary1.1 km
Cowichan Valley Open Learning Co-OpSecondary1.2 km
Cowichan Open SchoolSecondary1.2 km
Queen Margaret's(Independent)K-121.4 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Restaurants (5+)

  • Duncan Garage241 m
  • Original Joe's315 m
  • Pizza Hut318 m
  • Guangzhou Garden · 2721 James Street355 m
  • Just Jakes371 m

Cafes (5+)

  • Cafe la Vie243 m
  • Ironworks Cafe & Crepperie · 64 Station Street326 m
  • Tim Hortons · 166 Trunk Road330 m
  • The Twisted Mug Cafe344 m
  • Starbucks358 m

Grocery (4)

  • Bulk Barn349 m
  • Real Canadian Superstore · 291 Cowichan Way551 m
  • Save-On-Foods · 181 Trans-Canada Highway568 m
  • London Drugs584 m

Parks (5+)

  • Kin Park180 m
  • Charles Hoey, VC, Memorial Park · 34 Canada Avenue278 m
  • Station Street Park321 m
  • China Gardens · 242 Government Street536 m
  • Centennial Park · First Street732 m

Shopping (1)

  • Whittome Mall311 m

Pharmacies (1)

  • Shoppers Drug Mart340 m

Banks & ATMs (5+)

  • Bank of Montreal · 21 Station Street268 m
  • RBC320 m
  • RBC · 395 Trunk Road337 m
  • CIBC · 118 Station Street367 m
  • TD Canada Trust · 351 Trans-Canada Highway416 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($34,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$479,200.00
Periodic payment — Principal & Interest (monthly)$3,091.64
Additional monthly expenses (strata, tax, utilities, etc.)$495.10
Total monthly cost$3,586.73
Interest paid over 5-yr term$137,340.10
Balance at end of term$431,041.95

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$34,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,337.73

Cash Needed at Closing

Minimum down payment$34,900
Estimated BC PTT$9,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$46,380

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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