231 First St

231 First St · Duncan · Vacant Land · $499,000 · MLS 1020251

Duncan, British Columbia
C$499,000
For sale
231 First St

231 First St is located in Duncan. Property snapshot: Vacant Land, listed at $499,000, MLS 1020251. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 77. Latest recorded list price 499000.00.

List Price: $499,000
MLS: 1020251
Days on Site: 77
Price History: Latest recorded list price 499000.00

Local Decision Guide

How should buyers evaluate 231 First St?

Start by reading this listing in its Duncan context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 231 First St?

This page shows a list price of $499,000 with MLS 1020251.

What type of home is this Duncan listing?

The page shows Vacant Land at 231 First St. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about 77 days on market/site. Latest recorded list price 499000.00.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

Prime development opportunity in the heart of downtown Duncan. This vacant parcel of land comes with building plans already drafted for a 6-unit townhouse development, thoughtfully designed to mirror the successful project next door. With much of the preliminary groundwork completed by the current owner, this site is well positioned for a smooth transition into construction. Offering the potential to create much-needed housing in Duncan’s vibrant downtown core, this property is ideal for developers seeking a manageable, small-scale project. The planned units could be retained as rentals or sold individually as strata homes, providing flexibility for your investment strategy. A detailed information package is available from your Realtor. (id:56153)

Property Details

Vacant Land
Building Type
-
Bedrooms
-
Bathrooms
7,200 sf
Lot Area

Transaction: For sale

Status: active

Listing ID: 29119913 (1020251)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$499,000

Lot Area: 7,200 sf

PID: 008-465-428

Days on Site: 77 days

Added to BurnabyHouse: 2026-03-28

Updated on: 2026-03-28 02:23 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

No school catchment matches were found for this listing yet.

Nearby Points of Interest

Grocery / Food Access
49th Parallel Grocery
About 662.1 m away
550 Cairnsmore Street, Duncan
Thrifty Foods
About 677.7 m away
2755 Beverly Street, Duncan
Shopping Centres
Duncan Farmers’ Market
About 305.2 m away
200 Craig Street
Whittome Mall
About 438.7 m away
Parks / Green Space
Mum's Park
About 4.6 km away
Trumpeter Pointe Park
About 4.9 km away

Price History

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View price changes, listing events, and the full timeline.

BC Assessment

Click the button below to check the government assessment, sales history, and nearby market pricing for this property.
BC Assessment Sales History & Nearby Sales

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Last Updated: Wed, 19 Nov 2025 02:53:19 PM PST

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