Property Type: Condo / ApartmentOwnership: StrataRECENTLY LISTED

307 254 First St

Duncan, BC V9L1R2

$425,000

2 bed2 bath1 parking1,148 sqftBuilt 1995
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Property Details

Property & Lot

Sub-type
Apartment
Zoning
Residential

HDR

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$513/mo
Annual property tax
$3,038

Interior

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

Parking

Total spaces
1 — uncovered indicated
Features
Open

Restrictions & Policies

Pets
Allowed with restrictions
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

RoomLevelDimensions
BathroomMain level3-Piece
EnsuiteMain level2-Piece
Primary BedroomMain level14'0 x 12'0
BedroomMain level11'10 x 11'10
Living roomMain level16'0 x 14'0
Dining roomMain level8'3 x 9'5
KitchenMain level7'10 x 10'0
EntranceMain level7'1 x 4'0

Listing Information

MLS®
1047362
Listed
August 25, 2026
Time on market
On the market for 6 days
Data last synced
August 28, 2026

Listing provided by: Pemberton Holmes Ltd. (Cow Vall) · Data source: CREA DDF.

Description

Welcome to this beautiful, well-maintained 2-bedroom CORNER unit at The Heatherton. This home offers spacious and bright living rarely found in a condo, with recent updates including a stunning walk-in shower and updated flooring throughout. The kitchen features oak cabinetry and opens to the formal dining area, while the master bedroom includes a 2-piece ensuite. In-suite laundry and ample storage with extra closet shelving add to the convenience and comfort of this home. The street-facing balcony is ideal for morning coffee and enjoying the vibrant neighborhood. The Heatherton is a very well-run 55+ community tucked away just steps from downtown Duncan, parks, shops, and the Lawn Bowling Club. Building amenities include covered parking, wheelchair accessibility, two guest suites for out of town visitors, activity room, bike storage, and a dedicated storage locker for the unit. Move-in ready and pet-friendly (one cat or two small birds). (id:63159)

Values & Trends

This listing

$370/sqft

Building average

No other active listings in this building

West Duncan average

$360/sqft

18 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

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

SchoolTypeDistance
Khowhemun ElementaryElementary404 m
Cowichan Valley Open Learning Co-OpSecondary689 m
Cowichan Open SchoolSecondary689 m
Queen Margaret's(Independent)K-12849 m
Quamichan SchoolSecondary1.4 km
Alexander ElementaryElementary1.5 km
Des CascadesElementary1.6 km
Duncan Christian School(Independent)K-121.6 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.246 m
  • Arbutus Cafe · 195 Kenneth Street248 m
  • Corner House Cafe · 181 Jubilee Street266 m
  • Noodles of the World · 151 Station Street358 m
  • Phad Thai362 m

Cafes (5+)

  • Cafe la Vie397 m
  • The Twisted Mug Cafe415 m
  • Ironworks Cafe & Crepperie · 64 Station Street441 m
  • Fishbowl Cafe · 580 Cairnsmore Street680 m
  • Starbucks · 2751 Beverly Street688 m

Grocery (2)

  • 49th Parallel Grocery · 550 Cairnsmore Street652 m
  • Thrifty Foods · 2755 Beverly Street732 m

Parks (5+)

  • Centennial Park · First Street199 m
  • Centennial Park217 m
  • China Gardens · 242 Government Street315 m
  • Station Street Park401 m
  • Unnamed407 m

Shopping (1)

  • Whittome Mall438 m

Banks & ATMs (2)

  • CIBC · 118 Station Street413 m
  • Bank of Montreal · 21 Station Street450 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($21,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$340,000.00
Periodic payment — Principal & Interest (monthly)$2,193.56
Additional monthly expenses (strata, tax, utilities, etc.)$822.90
Total monthly cost$3,016.46
Interest paid over 5-yr term$97,444.98
Balance at end of term$305,831.10

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$21,250
Stress test qualifying rate8.09%
Payment you must qualify for$3,104.70

Cash Needed at Closing

Minimum down payment$21,250
Estimated BC PTT$6,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$29,250

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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