7785 Cowichan Lake (off) Rd | $1,095,000
Adam Sandhu Agent Photo
Adam
Sandhu
P. (250) 749-6660
 Phone Adam www.countrywiderealty.ca
Pemberton Holmes - Lake Cowichan
Po Box 45, 145 South Shore Rd
 Lake Cowichan, BC
 Canada V0R 2G0

Details

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Address 7785 Cowichan Lake (off) Rd
AreaDuncan
Sub AreaLake Cowichan
State/ProvinceBritish Columbia
CountryCanada
Price$1,095,000
Property TypeSingle Family
Bedrooms0
Bathrooms0
Floor Space1 Square Feet
Lot Size68389.20 Square Feet
WaterfrontNo
Year Built0
Taxes $5,911
Tax Year2023
MLS® #950211

Now priced 140k under assessed value....Here is a rare opportunity to buy a 1.57 acre just that is located just minutes to Lake Cowichan and offering a massive upside. This property has 8 existing rentals and a C4 zoning that allows a huge variety of usages, Some of the usages but not limited to include hotel, bakery, cafe, liquor retail, pub, catering.......The present owner has done a phase 1 and phase 2 environmental study as well as installed a new state of the art well, and a new pressurized septic system spending over 200k. There is the original shop out front that is not being used at all that could be turned back into a business as well. The property has so much potential and you can collect the rents from the existing units (mostly under rented) whilst you decide what the future may be. This is a great holding property make it your

Pemberton Holmes Ltd. has been in business serving the Vancouver Island area since 1887 helping people with their Real Estate needs. Much of Vancouver Island is now serviced with Homes For Sale in areas such as Victoria, Sidney, Saanich, Esquimalt, Colwood, View Royal, Oak Bay, Cordova Bay, Brentwood Bay, Saanichton, Langford, Metchosin, West Shore, Sooke, Mill Bay, Cobble Hill, Cowichan Bay, Shawnigan Lake, Duncan, Cowichan Valley, Chemainus, Crofton, Ladysmith, Lake Cowichan, Salt Spring Island, Nanaimo, Parksville, Courtenay, Comox, Bowser as well as Hornby Island.

Listed by Pemberton Holmes - Cloverdale

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