Property Type: Land / LotOwnership: Strata

SL1 North Rd

Duncan, BC V9L6K9

$1,650,000

5 parking
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Property Details

Property & Lot

Lot size
24.34 acres
Zoning
Unknown

A1

Ownership & Fees

Property type
Land / Lot
Ownership
Strata
Annual property tax
$424.83

Interior

Fireplace
None

Exterior & Lot

View
Valley view

Parking

Total spaces
5

Listing Information

MLS®
1030568
Listed
March 31, 2026
Time on market
On the market for 153 days
Data last synced
August 28, 2026

Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.

Description

Presenting an exceptional quality vineyard property within the Sonomos region of the Cowichan Valley Geographical Indication wine region. This unique property is a bare-land strata parcel of land within the Averill Hills Estates development. The property is planted with 14 acres of producing Pinot Noir and Chardonnay vines and has an additional 4 acres plantable. The vineyard is projected to yield 10 tonnes of grapes in the 2025 harvest. It is planted on Royston soils (clay, loam, glacial stones). The vines are planted in 8 ft wide rows with approximately 1,200 vines per acre. Although no structures exist on site, an estate house and secondary dwelling can be built. The vineyard is currently leased and managed by Averill Creek Vineyard (also offered for sale). This property is the ideal companion purchase with Averill Creek to increase grape supply, new boutique winery in a fast-growing wine region, the perfect vineyard estate site to build a dream home, or a rare opportunity to increase fruit supply for an existing winery (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.

Nearby Schools

SchoolTypeDistance
Tansor ElementaryElementary1.6 km
Ecole Mount Prevost ElementaryElementary2.6 km
Drinkwater ElementaryElementary3.1 km
Queen Margaret's(Independent)K-124.1 km
Cowichan Open SchoolSecondary4.3 km
Cowichan Valley Open Learning Co-OpSecondary4.3 km
Khowhemun ElementaryElementary4.7 km
Alex AitkenElementary5.3 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.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($330,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,320,000.00
Periodic payment — Principal & Interest (monthly)$8,516.19
Additional monthly expenses (strata, tax, utilities, etc.)$35.40
Total monthly cost$8,551.59
Interest paid over 5-yr term$378,315.79
Balance at end of term$1,187,344.27

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$330,000
Stress test qualifying rate8.09%
Payment you must qualify for$10,150.34

Cash Needed at Closing

Minimum down payment$330,000
Estimated BC PTT$31,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$362,500

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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