305 245 First St
Duncan, BC V9L1R3
$424,900
Property Details
Property & Lot
- Sub-type
- Apartment
- Zoning
- Residential
City of Duncan - HDR
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $501/mo
- Annual property tax
- $3,444
Interior
- Heating
- Baseboard heaters, Electric
- Cooling / A/C
- None
- Fireplace
- Yes (1)
Parking
- Total spaces
- 1
Restrictions & Policies
- Pets
- Allowed
- Age / occupancy
- Age restriction applies
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Main level | 13'3 x 8'8 |
| Ensuite | Main level | 3-Piece |
| Primary Bedroom | Main level | 19'3 x 10'11 |
| Bathroom | Main level | 4-Piece |
| Laundry room | Main level | 6'10 x 7'1 |
| Living room | Main level | 23'2 x 12'3 |
| Kitchen | Main level | 10'11 |
| Dining room | Main level | 10'10 x 10'5 |
| Entrance | Main level | 7'6 |
Listing Information
- MLS®
- 1038925
- Listed
- June 8, 2026
- Time on market
- On the market for 84 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Island Properties (DU) · Data source: CREA DDF.
Description
Welcome to Centennial Place! This bright and spacious top-floor, 2-bedroom, 2-bathroom condo offers 1,258 sq ft of comfortable living in a well-maintained 55+ building. Enjoy a secure entry, elevator access, and a convenient location just steps from downtown Duncan's shops, restaurants, and services. The south-facing unit is filled with natural light and features a vaulted ceiling in the living room, balcony access, and a cozy three-sided natural gas fireplace shared with the dining area. The updated kitchen offers ample workspace and a large pass-through opening to the living room, creating an open and inviting feel. The primary bedroom includes a walk-in closet, private ensuite, and direct access to the sunny south-facing balcony. The second bedroom features a cabinet hide-a-bed, which is included in the sale, providing flexibility for guests or a home office. A 4-piece main bathroom with a stylish vessel sink and in-suite laundry add to the home's appeal. Relax on the spacious balcony overlooking the south exposure, or take advantage of the excellent walkability with Centennial Park just one block away and downtown amenities within easy walking distance. One small dog or one cat is permitted. A wonderful opportunity to enjoy easy-care living in a desirable and convenient Duncan location. (id:63159)
Values & Trends
This listing
$338/sqft
Building average
$369/sqft
2 active listing(s)
West Duncan average
$362/sqft
18 active listing(s)
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
44
6/9 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 |
|---|---|---|
| Khowhemun Elementary | Elementary | 434 m |
| Cowichan Open School | Secondary | 674 m |
| Cowichan Valley Open Learning Co-Op | Secondary | 674 m |
| Queen Margaret's(Independent) | K-12 | 846 m |
| Quamichan School | Secondary | 1.3 km |
| Alexander Elementary | Elementary | 1.5 km |
| Des Cascades | Elementary | 1.6 km |
| Duncan Christian School(Independent) | K-12 | 1.6 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+)
- Power House Living Foods Co.267 m
- Arbutus Cafe · 195 Kenneth Street273 m
- Corner House Cafe · 181 Jubilee Street295 m
- Noodles of the World · 151 Station Street381 m
- Phad Thai383 m
Cafes (5+)
- Cafe la Vie404 m
- The Twisted Mug Cafe431 m
- Ironworks Cafe & Crepperie · 64 Station Street456 m
- Starbucks · 2751 Beverly Street650 m
- Fishbowl Cafe · 580 Cairnsmore Street672 m
Grocery (2)
- 49th Parallel Grocery · 550 Cairnsmore Street642 m
- Thrifty Foods · 2755 Beverly Street696 m
Parks (5+)
- Centennial Park · First Street196 m
- Centennial Park219 m
- China Gardens · 242 Government Street347 m
- Station Street Park416 m
- Unnamed421 m
Shopping (1)
- Whittome Mall452 m
Banks & ATMs (2)
- CIBC · 118 Station Street431 m
- Bank of Montreal · 21 Station Street460 m
Nearby places data: © OpenStreetMap contributors.
School district: Cowichan (SD79)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($21,245) — 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.