Victoria Real Estate
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5984 Cassino Rd

$1,800,000

Duncan

Land— · — · —174 days on market

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About this home

Rare 2.17-acre development and holding opportunity in the Municipality of North Cowichan, located within a rapidly evolving residential growth area near Berkey’s Corner. The property is currently zoned R3 – One and Two-Family Residential, allowing a wide range of permitted uses including single- and two-family dwellings, secondary suites, multi-family residential, assisted living, community care facilities, supportive housing, accessory dwelling units, and home-based businesses, subject to municipal regulations. The site is designated Village Residential in the North Cowichan Official Community Plan—an urban designation intended to accommodate significant new housing growth. The OCP supports medium-density, multi-family development, including apartments, condominiums, townhouses, and rowhouse forms, with typical building heights of 3–5 storeys and potential consideration for additional height in appropriate locations, subject to approvals. Low-density subdivision is not supported under this designation, reinforcing the site’s long-term multifamily development potential. This parcel offers flexibility for immediate development under existing zoning, subdivision, or long-term redevelopment through rezoning in alignment with OCP policies. Well positioned within a walkable, growth-oriented planning area, this property represents an exceptional opportunity for developers and land investors seeking exposure to North Cowichan’s future residential expansion. All development potential subject to municipal review and approvals. (id:65179)

Property details

From the listing's public record.

Lot size

2.17 acres

Taxes

$6,341/yr

Zoning

Unknown

View

Mountain view

Heating

Forced airOil

Cooling

Fully air conditioned

Lot

Central location

Price history

1 record

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Jan 6, 2026

    Listed $1,800,000

    Active174 days on marketMLS 1022545

How this listing compares

Not enough recent sales in this area for reliable stats.

Current market in Duncan

Active (same type)

10

Pending

0

All active listings

85

Months of supply

Assessment

From publicly available property records.

Assessed value

$1,083,000

Land

$811,000

Improvements

$272,000

More on this listing

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