2980 George St

East Duncan, Duncan · MLS® 1052564

312

1,365 sq ft · 7,700 sq ft lot · House · Single Family · built 1971 · 10 days on market

listed by Jen Bood, eXp Realty (CX)

realtor's description

This 3-bedroom rancher offers a functional, wheelchair-accessible layout in a convenient location close to shopping, schools, parks, transit, and everyday amenities. The single-level home features spacious living and dining areas, a bright kitchen, family room, and generous laundry area. Updates include a roof (2021), newer windows, flooring, and bathroom improvements. Situated on a level 7,700 sq ft lot with municipal water and sewer, the property features a covered deck, carport, ramp access, and a private backyard with mature landscaping. This property offers great potential for buyers looking to make it their own or investors seeking an opportunity.

property details

type: House, Single Family
bedrooms: 3
bathrooms: 1
living area: 1,365 sq ft
lot: 7,700 sq ft
parking: 2
year built: 1971
property tax: $3,313 / yr
days on market: 10
MLS®: 1052564

floor plans

found among the listing photos.

the market here

listed now: 51 days; median for 166 houses for sale; this one 10 days

Houses in Duncan. Sale prices register 1 to 3 months after a sale closes.

property tax by year

year	assessed	est. tax
2026	$498,000	$3,030

The listing shows $3,313 a year in property tax.

Estimate: the BC Assessment value times North Cowichan's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

monthly cost

$2,428/mo

Mortgage $2,152 · Tax $276

20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$2,152/ monthly

loan $391,200

25-year amortization

down payment20% · $97,80020%+ down: no mortgage insuranceinterest rate4.44%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 30, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $254,447
property transfer tax: $7,780; BC general rate
cash to close: $105,580; down + PTT
total paid: $645,647

first-time buyernewly built

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.