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Listing by Blair Herbert Royal LePage Duncan Realty
$ 3,800,000
Est. payment /mo
Active
4544 Lanes Rd Cowichan Bay, BC V0R 1N2
5.22 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1014109
HOA Y/N No
Annual Tax Amount $15,698
Tax Year 2025
Lot Size 5.220 Acres
Acres 5.22
Property Sub-Type Multi Family
Property Description
Here is an opportunity to acquire a very unique Waterfront revenue property on Southern Vancouver Island.
This 5+ acre parcel contains a 19 unit senior's mobile home park, large house with panoramic ocean views, a
six unit apartment building and an older house. All units currently rented with and 2024 EGI of
approximately 237,000. The property slopes toward the water so most units have ocean views. The location
is rural enough to make it peaceful but within a short drive to amenities. There is ample opportunity to
increase revenue or live on the property and enjoy the view while benefiting from substantial cash flow. Financials available to qualified buyers with signed NDA. No sign at sellers request
This 5+ acre parcel contains a 19 unit senior's mobile home park, large house with panoramic ocean views, a
six unit apartment building and an older house. All units currently rented with and 2024 EGI of
approximately 237,000. The property slopes toward the water so most units have ocean views. The location
is rural enough to make it peaceful but within a short drive to amenities. There is ample opportunity to
increase revenue or live on the property and enjoy the view while benefiting from substantial cash flow. Financials available to qualified buyers with signed NDA. No sign at sellers request
Location
Province BC
County Cowichan Valley Regional District
Community Du Cowichan Bay
Area Duncan
Zoning MP1
Interior
Fireplace No
Exterior
Parking Features On Site
Waterfront Description Ocean Front
View Y/N false
Street Surface Paved
Garage No
Building
Lot Description Adult-Oriented Neighbourhood, Rectangular Lot, Sloped
Sewer Septic System
Water Cistern, Well: Drilled
Others
Ownership Freehold
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