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4544 Lanes Rd, Cowichan Bay

MLS® #1014109
About this Property

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 (id:62865)

Property Information

Status

Active

Property Type

Multi-Family

Ownership

Freehold

Annual Tax

$15,698

Zoning

Unknown

Parcel Number

001-340-000

Data Source

Vancouver Island Real Estate Board

Exterior & Lot

Lot Size

5.22 acres

Waterfront

Waterfront on ocean

Lot Features

SlopingOtherRectangular

$3,800,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
Listing Courtesy of

Office

Royal LePage Duncan Realty

Mortgage Calculator
$760,000

Loan Amount:

$3,040,000

Estimated Monthly Payment:

$14,814

This is an estimate for informational purposes only. Consult with a financial advisor.