Property Type: Land / LotOwnership: Freehold

675 Powell St

Duncan, BC V9L2V9

$425,000

0 bed0 bath4 parkingBuilt 1930
Get Directions

Property Details

Property & Lot

Lot size
9,292 square feet
Zoning
Residential

LDR Low Density Res

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$3,252

Interior

Heating
Baseboard heaters
Cooling / A/C
None
Fireplace
None

Parking

Total spaces
4

Listing Information

MLS®
1042456
Listed
July 7, 2026
Time on market
On the market for 55 days
Data last synced
August 28, 2026

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

Description

Exceptional opportunity for builders, investors, or handy buyers looking to create value. Situated on a quiet no-through road in quiet neighborhood, this nearly double-sized 9,292 sq.ft. (.21-acre) lot is cleared and ready for your vision. The existing home is an 3 bedroom 1 bath rancher at 1100 sq.ft. It has been completely stripped to the studs, with all, interior, attic, and crawlspace debris materials removed, providing a clean starting point for renovation or redevelopment. LDR (Low Density Residential) zoning offers excellent flexibility, permitting two-unit dwellings, attached or detached secondary suites, and multi-unit or row-house development of up to four units (buyer to verify). Short-term rentals are also permitted under the current zoning. Within walking distance of downtown, shopping, schools, and recreation, this is a rare chance to build equity or unlock the property's full development potential in a convenient in-town location. (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

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
Duncan Christian School(Independent)K-12422 m
Quamichan SchoolSecondary623 m
Alexander ElementaryElementary638 m
Des CascadesElementary739 m
Khowhemun ElementaryElementary1.6 km
Alex AitkenElementary1.6 km
Queen of Angels School(Independent)Elementary/Middle1.7 km
Cowichan Open SchoolSecondary1.7 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+)

  • Sushi House232 m
  • Japan Town235 m
  • Green Leaf Vietnamese Restaurant.241 m
  • York St. Diner389 m
  • Original Joe's412 m

Cafes (5+)

  • James Street Cafe · 5838 Trans-Canada Highway450 m
  • Coffee on the Moon552 m
  • Starbucks618 m
  • Tim Hortons668 m
  • Tim Hortons · 166 Trunk Road759 m

Grocery (3)

  • Bulk Barn463 m
  • Save-On-Foods · 181 Trans-Canada Highway672 m
  • London Drugs777 m

Parks (2)

  • Cowichan Sportsplex Community Park · 5847 Chesterfield Avenue580 m
  • Kin Park616 m

Pharmacies (1)

  • Shoppers Drug Mart444 m

Banks & ATMs (4)

  • TD Canada Trust · 351 Trans-Canada Highway441 m
  • RBC · 395 Trunk Road564 m
  • RBC565 m
  • Localcoin Bitcoin ATM585 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.)$271.00
Total monthly cost$2,464.56
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.

Request more information