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2765 Chaster Rd

$4,500,000

East Duncan

Land— · — · —206 days on market

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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

AcreageCentral locationPartially cleared

Price history

1 record

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Dec 5, 2025

    Listed $4,500,000

    Active206 days on marketMLS 1021530

How this listing compares

Based on 41 sales in Duncan

Median 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 market24.6 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 sales
  • Lot 1 Banks Rd

    $240,000

    — · — · — · 192 days on market

    Sold Jun 17, 2026 · 77.4% of list

  • Lt36 Teal Crt

    $137,500

    — · — · — · 133 days on market

    Sold Jun 17, 2026 · 91.7% of list

  • Lt 9 Hayhurst Cres

    $288,000

    — · — · — · 13 days on market

    Sold Jun 16, 2026 · 96.3% of list

  • 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

    Sold Apr 30, 2026 · 98.2% of list

  • Lot 2 Marine Cres

    $535,000

    — · — · — · 28 days on market

    Sold Apr 24, 2026 · 89.3% of list

  • 295 North Shore Rd

    $345,000

    — · — · — · 10 days on market

    Sold Apr 14, 2026 · 86.5% of list

  • 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

    Sold Mar 12, 2026 · 85.8% of list

  • 403 Thetis Dr

    $295,000

    — · — · — · 17 days on market

    Sold Feb 27, 2026 · 92.8% of list

More on this listing

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