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Home BC Greater Duncan Cowichan Valley D
4544 Lanes Rd
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4544 Lanes Rd $4,300,000
$4,300,000
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4544 Lanes Rd
Cowichan Bay, British Columbia V0R1N2

MLS® Number: 962242

Listing 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 (27855522)

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Neighbourhood Name
Cowichan Bay
Title
Freehold
Land Size
5.22 ac
Annual Property Taxes
$11,684.45
Time on REALTOR.ca
141 days

Building

Building Features
Features
Sloping, Other, Rectangular
Total Units
25
Business
Business Name
Edgewater Terrace Mobile Home Park
Business Type
Accommodation, Residential (Mobile home park)

Land

Other Property Information
Access
Road access
Zoning Description
MP1
Zoning Type
Unknown
Data provided by: Vancouver Island Real Estate Board 6374 Metral Drive, Nanaimo, British Columbia V9T 2L8

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