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7785 Cowichan Lake (Off) Rd

Lake Cowichan, BC V0R 2G0
  • $1,395,000
  • STATUS: Active
  • ON SITE: 109 Days
  • MLS #: 916633
$1,395,000
  • 0
    BEDS
  • 1.57
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1
    SQFT
  • $1,395,000
    $/SQFT
Neighbourhood:
Type:
Single-Family Home
Area:

Description

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

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http://www.vreb.org/vreb/VREBReciprocityProgram.html

VIVA (Vancouver Island & Victoria REBs) logo MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Day Team Realty. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2023-01-29T00:22:10.547.
www.dayteam.com/homes/133842559
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7785 Cowichan Lake (Off) Rd Lake Cowichan, BC V0R 2G0

  • Price: $1,395,000
  • Status: Active
  • On Site: 109 Days
  • MLS #: 916633
0
Beds
0
Baths
0
½ Baths
1.57
Acres
1
SQFT
$1,395,000
$/SQFT
Neighbourhood:
Du Lake Cowichan
Area:
Duncan
School District:
Cowichan Valley Regional District
Property Description
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
Exterior Features

Attached Garage YN No Carport Spaces 0 Carport YN No Construction Materials Other Entry Location Main Level Garage YN No Parking Features Other Parking Total 200 Roof Other View YN No Waterfront YN No

Interior Features

Additional Accommodations Exists Basement Other Cooling None Cooling YN No Fireplace Features Living Room Fireplace YN Yes Fireplaces Total 2 Foundation Details Other Heating Baseboard Heating YN Yes Laundry Features Other Main Level Bathrooms 0 Main Level Bedrooms 0

Property Features

New Construction YN No Ownership Freehold Pets Allowed AquariumsBirdsCaged MammalsCats OkDogs Ok Property Condition Fixer Property Sub Type Single Family Detached Rental Allowed Unrestricted Sewer Septic System Tax Annual Amount 4605.25 Tax Jurisdiction Duncan Rural (766) Tax Year 2022 Water Source Well: Drilled Youngest Age Allowed 0 Zoning C4 Zoning Description Other

VIVA (Vancouver Island & Victoria REBs) logo Listing provided courtesy of Pemberton Holmes - Cloverdale and [CO-OFFICENAME].

MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
http://www.vreb.org/vreb/VREBReciprocityProgram.html

VIVA (Vancouver Island & Victoria REBs) logo MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Day Team Realty. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2023-01-29T00:22:10.547.
 
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Day Team Realty
301-3450 Uptown Blvd
Victoria BC, V8Z 0B9