Property Type: Condo / ApartmentOwnership: StrataNEW LISTING

403 275 First St

Duncan, BC V9L1R3

$375,000

2 bed2 bath1 parking1,139 sqftBuilt 1993
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Property Details

Property & Lot

Sub-type
Apartment
Zoning
Multi-Family

RM-4

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$439/mo
Annual property tax
$3,045.62

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

RoomLevelDimensions
Living room/Dining roomMain level14'4 x 22'7
KitchenMain level9'10 x 10'0
Laundry roomMain level5'8 x 9'9
BathroomMain level5'2 x 8'1
EnsuiteMain level5'11 x 8'8
BedroomMain level10'5 x 12'6
Primary BedroomMain level10'11 x 19'6

Listing Information

MLS®
1047998
Listed
August 27, 2026
Time on market
On the market for 4 days
Data last synced
August 28, 2026

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

Description

Welcome to “On The Park” - a beautifully maintained 55+ community just steps from Centennial Park. This bright, top-floor home offers an impressive 1,139 sq ft of comfortable living, featuring 2 spacious bedrooms and 2 full bathrooms, including a generous primary suite with its own ensuite and private deck access. With southern exposure, vaulted ceilings, and a cozy gas fireplace, the main living area feels wonderfully open, warm, and filled with natural light. The kitchen has been thoughtfully refreshed with tile accents, new cupboard doors, and soft-close drawers - a clean, modern look that pairs perfectly with the home’s airy feel. Throughout the living room and hallway, you’ll find new, tasteful laminate flooring, while both bedrooms feature new quality berber carpet for added comfort. The large, sun-soaked deck off the living area (also accessible from the primary bedroom) creates the perfect spot for morning coffee or afternoon relaxation. This home includes in-suite laundry and comes with all appliances. Residents enjoy excellent building amenities, including a storage locker, bike/scooter storage, and exercise/multipurpose rooms. The location is truly hard to beat - right beside Centennial Park and just an easy, level stroll to shops, cafés, and everyday services in downtown Duncan. A bright, comfortable top-floor home in a friendly, walkable community. Vacant and ready for quick possession. (id:63159)

Values & Trends

This listing

$329/sqft

Building average

No other active listings in this building

West Duncan average

$362/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

41

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 ElementaryElementary330 m
Cowichan Open SchoolSecondary631 m
Cowichan Valley Open Learning Co-OpSecondary631 m
Queen Margaret's(Independent)K-12772 m
Quamichan SchoolSecondary1.4 km
Alexander ElementaryElementary1.6 km
Des CascadesElementary1.7 km
Duncan Christian School(Independent)K-121.7 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+)

  • Arbutus Cafe · 195 Kenneth Street301 m
  • Power House Living Foods Co.310 m
  • Corner House Cafe · 181 Jubilee Street311 m
  • Noodles of the World · 151 Station Street416 m
  • Phad Thai423 m

Cafes (5+)

  • Cafe la Vie477 m
  • The Twisted Mug Cafe482 m
  • Ironworks Cafe & Crepperie · 64 Station Street510 m
  • Fishbowl Cafe · 580 Cairnsmore Street611 m
  • Starbucks · 2751 Beverly Street720 m

Grocery (2)

  • 49th Parallel Grocery · 550 Cairnsmore Street587 m
  • Thrifty Foods · 2755 Beverly Street747 m

Parks (5+)

  • Centennial Park · First Street131 m
  • Centennial Park140 m
  • Unnamed318 m
  • China Gardens · 242 Government Street346 m
  • Unnamed389 m

Shopping (1)

  • Whittome Mall509 m

Banks & ATMs (2)

  • CIBC · 118 Station Street477 m
  • Bank of Montreal · 21 Station Street525 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($18,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$300,000.00
Periodic payment — Principal & Interest (monthly)$1,935.50
Additional monthly expenses (strata, tax, utilities, etc.)$749.60
Total monthly cost$2,685.10
Interest paid over 5-yr term$85,980.86
Balance at end of term$269,850.97

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$18,750
Stress test qualifying rate8.09%
Payment you must qualify for$2,739.44

Cash Needed at Closing

Minimum down payment$18,750
Estimated BC PTT$5,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$25,750

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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