Multi-Dwelling! South-Facing Riverfront! 4.35 Acres! Prime Location! Rare riverfront legacy property boasting a gorgeous Main House with a Suite, a Full Duplex and a Cottage all bordered by the majestic Cowichan River and a pristine salmon bearing creek. All 5 units are one level, smoke free, metered separately, each with laundry, fully updated and in great condition. The main house has been immaculately renovated, both inside and out with quality finishings and brand new appliances and yet to be lived in since the recent improvements. The large convenient circular driveway provides an abundance of parking with plenty of room for boats and RV's. Considerable rental income in place with great tenants. Perfect for multi-family living and/or an investment property. Magnificent wildlife, steps to the Trans Canada Trail and only a 5 minute walk or 1 minute drive to town! Great potential for future subdivision.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Lease Type:
See Remarks
Listing General Location:
Du Lake Cowichan, Duncan
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
4.35 acre(s)1.76 hectare(s)
Taxes:
$9,542 /
2024
Total Building Area:
4,828 sq. ft.448.536 m2
Commercial Area:
Other
Water supply:
Municipal
Sewer:
Septic System
Fireplace:
No
Mountain(s), River
River Front
Main Level
0
Yes
No
Unrestricted
Assessed:
1568000.0
Assessment year:
2024
Jurisdiction name:
Town of Lake Cowichan
Legal Description:
LOT B, PLAN VIP53135, DISTRICT LOT 16, COWICHAN LAKE LAND DISTRICT
Data was last updated October 3, 2024 at 10:05 PM (UTC)
Area Statistics
Listings on market:
56
Avg list price:
$1,449,500
Min list price:
$129,000
Max list price:
$15,000,000
Avg days on market:
63
Min days on market:
2
Max days on market:
657
These statistics are generated based on the current listing's property type
and located in
Duncan. Average values are
derived using median calculations.