40 & 50 Coronation Avenue

LOCATION! A rare gem. Enjoy parklike downtown living w/rental income or develop the best Commercial/Multi-Family site in the Cowichan Valley. Best views in Duncan, centrally located; .67 acre, 29,243 sq ft total site area. 3 large lots with 2 beautiful, professionally updated, well maintained homes. Very energy efficient with thermal windows, new insulation, natural gas heat, & rewired w/200 amp electrical. 50 Coronation is rented at $1,537 per/mo. 40 Coronation has an upper floor in-law or master suite w/separate entrance & heat pump. Fully fenced gorgeous private garden is a hidden oasis. Separate Double Carport with Workshop/Storage. Several potential uses & design options. City of Duncan Zoning "Neighbourhood Commercial:(NC)" allows for up to 4 Storey; up to 70%Parcel Coverage & Floor Area Ratio up to 2.4:1 (= up to 70,000 sq ft floor area). Within walking distance to quaint downtown Duncan; shopping; coffee shops; restaurants; community center; parks, trails, recreation & more.

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