2765 Chaster Rd
Duncan, BC V0R2C0
$4,500,000
Property Details
Property & Lot
- Lot size
- 3.89 acres
- Zoning
- Unknown
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $26,562
Interior
- Fireplace
- None
Listing Information
- MLS®
- 1021530
- Listed
- December 5, 2025
- Time on market
- On the market for 269 days
- Data last synced
- August 28, 2026
Listing provided by: eXp Realty (NA) · Data source: CREA DDF.
Description
A rare and strategic commercial offering, this 3.9-acre parcel presents exceptional potential in one of the Cowichan Valley’s most sought-after commercial corridors. Positioned just 1 km south of the City of Duncan and has high-exposure frontage along the Trans-Canada Highway, the property benefits from consistent vehicle traffic and visibility. Zoned C-6 (Village Service Commercial 6), this site supports a wide variety of commercial and light industrial uses, including food processing, motor vehicle sales and servicing, retail trade, wholesale distribution, and warehousing, making it highly adaptable for both investors and end-users. With approximately 688 feet of highway frontage and a depth of 246 feet, the layout lends itself to multiple development formats, and subdivision potential may be explored. The land is mostly cleared, flat, and development-ready, with full municipal services already in place, reducing upfront costs and accelerating development timelines. Properties of this size, zoning, and exposure in the Duncan commercial market are very rare, creating a true opportunity for developers, investors, and businesses seeking a high-profile Vancouver Island location. For more information, contact Travis Briggs at 250-713-5501 or travis@travisbriggs.ca or Brent Russell at 250-739-3633 or brent@brentrussell.ca (Measurements and data approximate; verify if important.) (id:63159)
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
7
1/9 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
| School | Type | Distance |
|---|---|---|
| Des Cascades | Elementary | 1.3 km |
| Noorunissa Montessori Academy of Canada(Independent) | Elementary | 1.5 km |
| Duncan Christian School(Independent) | K-12 | 2.1 km |
| Queen of Angels School(Independent) | Elementary/Middle | 2.5 km |
| Alexander Elementary | Elementary | 2.6 km |
| Quamichan School | Secondary | 2.6 km |
| Khowhemun Elementary | Elementary | 2.7 km |
| Cowichan Open School | Secondary | 3.3 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
Parks (4)
- Chaster Road Trail405 m
- Miller Road Rest Area460 m
- Maplewood Park516 m
- Boal Road Park764 m
Nearby places data: © OpenStreetMap contributors.
School district: Cowichan (SD79)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($900,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.