Multi-family for sale

4544 Lanes Rd, Cowichan Bay

$4,300,000 or
$4,300,000 or

Multi-family for sale

4544 Lanes Rd, Cowichan Bay

Features

Lifestyle
962242 4300000 /en/multi-family~for-sale~cowichan-bay/962242?view=Summary /en/multi-family~for-sale~cowichan-bay/962242/photos 48.7338700000 -123.5978900000 true
Lot Size
227,383 sqft
Gross Property Tax
$11,684.45 /year
Zoning
MP1
Additional Features
Adult-Oriented Neighbourhood, Rectangular Lot, Sloping
Total no. of Units
25
11

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
MLS® Number 962242

Listing REALTOR®

Blair Herbert, REALTOR<sup>®</sup>

Blair Herbert

REALTOR®

Royal LePage Duncan Realty

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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