Address
4544 Lanes Rd, Cowichan Bay, BC
Price
$ 3,500,000
Property Attributes
- ID#1033328
- TypeMulti-Family
- Listing Status Active
- MunicipalityCowichan Bay
- CityCowichan Bay
- AreaCowichan Bay
- NeighbourhoodCowichan Bay
- Postal CodeV0R 1N2
- Style
- Price$ 3,500,000
- Bedrooms0
- Bathrooms0
- Half Bathrooms0
- Lot Size5.22 Acres
Data Source:
Canadian Real Estate Association (CREA)
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 (id:7434)
General Features
| Features | Sloping, Other, Rectangular |
|---|---|
| Property Type | Multi-family |
| Zoning Description | MP1 |
| ZoningType | Unknown |
| Neighbourhood | Cowichan Bay |
| Business Type | Accommodation, Residential |
| Business Sub Type | Mobile home park |
| Building Type | Multi-Family |
| Ownership Type | Freehold |
Interior Features
| Building Fireplace Present | False |
|---|
Exterior Features
| Water Front Type | Waterfront on ocean |
|---|
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in V0R 1N2
Price
