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Key Details
Sold Price $900,000
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $900,000
MLS Listing ID 986020
Sold Date 08/22/25
Style Other
Rental Info Unrestricted
Annual Tax Amount $5,911
Tax Year 2024
Lot Size 1.570 Acres
Acres 1.57
Property Sub-Type Single Family Detached
Property Description
Here is a rare opportunity to buy a 1.57 acres 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, The present owner has done a phase 1 and phase 2 environmental study as well as installed a new state of the art well, a new pressurized septic system and just finished a complete electrical overall Total for all work over 250k. Some of the usages but not limited to include hotel, bakery, cafe, liquor retail, pub, catering....... 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 yours
Location
Province BC
County Cowichan Valley Regional District
Area Du Lake Cowichan
Zoning C4
Direction South
Rooms
Basement Other
Kitchen 0
Interior
Heating Baseboard
Cooling None
Fireplaces Number 2
Fireplaces Type Living Room
Fireplace 1
Laundry Other
Exterior
Parking Features Driveway, Other
Roof Type Other
Total Parking Spaces 200
Building
Building Description Other, Other
Faces South
Foundation Other
Sewer Septic System
Water Well: Drilled
Additional Building Exists
Structure Type Other
Others
Tax ID 017-300-231
Ownership Freehold
Pets Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs
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Bought with Pemberton Holmes Ltd. (Dun)