Bought with Jamie Henderson Pemberton Holmes Ltd. (Dun)
$900,000
$995,000
9.5%For more information regarding the value of a property, please contact us for a free consultation.
7785 Cowichan Lake (Off) Rd Lake Cowichan, BC V0R 2G0
1 SqFt
Key Details
Sold Price $900,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $900,000
MLS Listing ID 986020
Style Other
Annual Tax Amount $5,911
Tax Year 2024
Lot Size 1.570 Acres
Property Sub-Type Single Family Residence
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
Community Du Lake Cowichan
Area Duncan
Zoning C4
Rooms
Kitchen 0
Interior
Heating Baseboard
Cooling None
Fireplaces Number 2
Fireplaces Type Living Room
Laundry Other
Exterior
Parking Features Driveway, Other
Garage Spaces 200.0
View Y/N false
Roof Type Other
Building
Foundation Other
Sewer Septic System
Water Well: Drilled
Others
Special Listing Condition Fixer
Read Less
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