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$ 4,300,000
Est. payment | /mo
5.22 Acres Lot
$ 4,300,000
Est. payment | /mo
5.22 Acres Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 962242
Rental Info Unrestricted
Annual Tax Amount $11,684
Tax Year 2023
Lot Size 5.220 Acres
Acres 5.22
Property Description
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
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
Location
Province BC
County Cowichan Valley Regional District
Area Duncan
Zoning MP1
Exterior
Parking On Site 1
Building
Lot Description Adult-Oriented Neighbourhood, Rectangular Lot, Sloping
Sewer Septic System
Water Cistern, Well: Drilled
Others
Pets Allowed Yes
Tax ID 001-340-000
Ownership Freehold
Acceptable Financing Purchaser To Finance, None
Listing Terms Purchaser To Finance, None
Listed by Royal LePage Duncan Realty