
2765 Chaster Rd
$4,500,000
East Duncan
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About this home
A rare and strategic commercial offering, this 3.9-acre parcel presents exceptional potential in one of the Cowichan Valley’s most sought-after commercial corridors. Positioned just 1 km south of the City of Duncan and has high-exposure frontage along the Trans-Canada Highway, the property benefits from consistent vehicle traffic and visibility. Zoned C-6 (Village Service Commercial 6), this site supports a wide variety of commercial and light industrial uses, including food processing, motor vehicle sales and servicing, retail trade, wholesale distribution, and warehousing, making it highly adaptable for both investors and end-users. With approximately 688 feet of highway frontage and a depth of 246 feet, the layout lends itself to multiple development formats, and subdivision potential may be explored. The land is mostly cleared, flat, and development-ready, with full municipal services already in place, reducing upfront costs and accelerating development timelines. Properties of this size, zoning, and exposure in the Duncan commercial market are very rare, creating a true opportunity for developers, investors, and businesses seeking a high-profile Vancouver Island location. For more information, contact Travis Briggs at 250-713-5501 or travis@travisbriggs.ca or Brent Russell at 250-739-3633 or brent@brentrussell.ca (Measurements and data approximate; verify if important.) (id:65179)
Property details
From the listing's public record.
Lot size
3.89 acres
Taxes
$26,562/yr
Zoning
Unknown
Lot
Price history
1 recordEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Dec 5, 2025
Listed $4,500,000
Active206 days on marketMLS 1021530
How this listing compares
Based on 41 sales in DuncanMedian sold
$325,000
Avg days on market
118 days
Avg sale-to-list
91.2%
Avg $/sqft
$1,565
Current market in Duncan
Active (same type)
84
Pending
6
All active listings
609
Months of supply
24.6
Buyer's market — 24.6 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$2,014,000
Land
$1,884,000
Improvements
$130,000
Homes in Duncan sell at 96.3% of assessed value on average.
Based on 40 recent sales.
Recent nearby sales
12 salesLot 1 Banks Rd
$240,000
— · — · — · 192 days on market
Sold Jun 17, 2026 · 77.4% of list
Lt36 Teal Crt
$137,500
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Lt 9 Hayhurst Cres
$288,000
— · — · — · 13 days on market
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Lot 3 Cowichan Lake Rd
$278,250
— · — · — · 386 days on market
Sold May 22, 2026 · 92.8% of list
Lot 8 Barnjum Rd
$340,000
— · — · — · 46 days on market
Sold May 14, 2026 · 97.4% of list
5920 Cowichan Lake Rd
$540,000
— · — · — · 31 days on market
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Lot 2 Marine Cres
$535,000
— · — · — · 28 days on market
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295 North Shore Rd
$345,000
— · — · — · 10 days on market
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Lot 4 South Shore Rd
$2,500,000
— · — · — · 174 days on market
Sold Mar 24, 2026 · 86.2% of list
8843 Stoney Hill Rd
$300,000
— · — · — · 69 days on market
Sold Mar 12, 2026 · 85.8% of list
8849 Stoney Hill Rd
$300,000
— · — · — · 64 days on market
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403 Thetis Dr
$295,000
— · — · — · 17 days on market
Sold Feb 27, 2026 · 92.8% of list
Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.