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4544 Lanes Rd
Cowichan Bay, BC V0R 1N2

$3,500,000

6 Total Photos [Click to View All]

Listing Details

  • $3,500,000
  • MLS# 1033328
  • Type Multi Unit - Multiple
  • Status Active
  • 5.220 acres
    Lot Size

Listed By

Agency Name: Royal LePage Duncan Realty
Agency Phone: 250-746-6621

Shown By

Agency Title: DFH Real Estate LTD
Agency Phone: 250-477-7291

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Home Value Estimate


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, asix unit apartment building and an older house. All units currently rented with and 2024 EGI ofapproximately 237,000. The property slopes toward the water so most units have ocean views. The locationis rural enough to make it peaceful but within a short drive to amenities. There is ample opportunity toincrease revenue or live on the property and enjoy the view while benefiting from substantial cash flow. Financials available to qualified...read more

Features

  • Property Type: Multi Unit - Multiple
  • Days on Site: 34
  • Lot Description: Adult-Oriented Neighbourhood, Rectangular Lot, Sloped
  • Lot Size: 5.22 Acres
  • Parcel#: 001340000
  • Parking: On Site
  • Parking Notes: On Site
  • Sewer: Septic System
  • Taxes: $15,698
  • Units: 25
  • Units in Community: 25
  • Utilities: Electricity Connected
  • Water: Cistern, Well: Drilled
  • Water Features: Ocean Front

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