4544 Lanes Rd
Cowichan Bay, British Columbia
MLS® 1033328
$3,500,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 1033328
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 6Listing 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
Property summary
- MLS® number
- 1033328
- Property type
- Multi-family
- Building type
- Multi-Family
- Title
- Freehold
- Land size
- 5.22 acres
- Annual property taxes
- $15,698.25
- Days on market
- 124 days
Features & details
- Lot features
- Sloping, Other, Rectangular
- Waterfront
- Waterfront on ocean
What would this home cost you?
Based on the $3,500,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Royal LePage Duncan Realty, Duncan.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.