Duncan

Duncan sits in the heart of the Cowichan Valley, where the totem poles tell stories older than the city itself. Known as the “City of Totems,” Duncan houses the world’s largest collection of publicly displayed totem poles — over 80 carved masterpieces that transform downtown streets into an outdoor museum. This isn’t just tourist decoration; it’s a living testament to the area’s deep Indigenous heritage and artistic legacy.

The numbers tell an interesting story about who calls Duncan home. With a median age of 55.6 years and 36% of residents over 65, this community has become a retirement haven that’s attracting people who want small-town charm without sacrificing amenities. The mild Zone 9a climate means gardens bloom longer and heating bills stay manageable — practical benefits that matter when you’re planning for the long haul.

Housing here reflects the community’s character: nearly 44% of dwellings are apartments under five stories, while 42% are single-detached homes. This mix creates options for downsizers and families alike, though the $53,200 median household income suggests affordability remains accessible compared to Victoria, just 45 minutes south.

Duncan’s economy runs on healthcare, retail, and hospitality — the kind of steady, service-based industries that keep communities functioning regardless of economic cycles. Sure, the 9.5% unemployment rate raises eyebrows, but the proximity to Victoria’s job market and the area’s reputation as a cultural and recreational hub provide underlying stability.

Tekamar offers 65% maximum LTV for Duncan properties, recognizing the community’s solid fundamentals while respecting the realities of a smaller market. For brokers working with clients who need equity-based lending, second mortgages, or debt consolidation in the Cowichan Valley, Duncan represents the sweet spot between rural charm and urban accessibility.