For Sale: Lot A Paldi Road, Duncan, BC - REW
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$12,000,000
0 bd 0 ba sf Land/Lot
$12,000,000
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Lot A Paldi RoadDuncan, BC, V9L 6H6

West Duncan
  • 0 Bed
  • 0 Bath
  • Sqft
  • Land/Lot

About this home

Elk Ridge Estates is a rare large-scale master-planned community in the Cowichan Valley near Duncan, Vancouver Island. This court-ordered sale includes ~196 acres with long-term expansion potential, planned for up to ~355 homes (suites, single- and multi-family), ~100,000 sq. ft. of commercial space, 1 institutional lot, and a ~50-unit hotel/resort.A key asset is the provincially approved licensed water resource, structured for phased implementation.Natural features include four creeks, interconnected trails, three parks, a proposed sports plex, and strong wildlife presence.Infrastructure includes underground power, plus temporary power and water supporting two permitted showrooms.Phase 1 is approved for 103 lots (including five mixed-use) and is cleared.Appraised “as-is” at $28,900,000 10 minutes from downtown Duncan and the new hospital, with full due diligence and a clear phased path to execution.
Listed by: Peter Dosanjh, Rennie & Associates Realty Ltd.

Home facts and features

Price details
List Price
$12,000,000
Gross Taxes for 2025
$13,809
Home facts
Bedrooms
0
Full Bathrooms
0
Property Type
Land/Lot
Lot Size
196.0 acres
Title
Freehold
Features
See Remarks
Community
Agent details
Primary Agent
Primary Broker
Rennie & Associates Realty Ltd.
Listing details
Days on REW
158 Days
Property Views
91
MLS® Number
1029984
Source
Victoria and Vancouver Island MLS
Board
Victoria Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Tansor Elementary School
  • Public
  • K - 7
  • In Catchment
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