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8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan) : MLS®# 988715
8033 Greendale Rd Du Lake CowichanLake CowichanV0R 2G0
ATTENTION INVESTORS AND REALTORS® update as of Nov 1st, 2025. This property is now fully available again at a 6.82% Cap Rate! Prime location in a quiet and peaceful neighbourhood on a safe, private, no-through road with plenty of parking. 8 half duplexes, all ground level, fully updated, thoughtfully soundproofed, non-smoking and in excellent condition. All units have 3 bedrooms, 1 full bathroom, full-sized appliances, including in-suite laundry and individual storage sheds. Meticulously maintained, well managed and very low maintenance as all tenants are responsible to look after their designated portion of yard space, including grass cutting, leaf raking, and shovelling snow. Gentle sloping 2+ acre corner lot with great potential for future subdivision. Consistent 0% vacancy rate. Rent Roll available upon request.More details
This multi-family development site is located in Trails Edge Lake Cowichan, offering a prime 29,819 sq. ft. (0.68-acre) lot. The site is currently cleared, level, and primed for development, with a preliminary plan in place for a 12-unit townhouse project. Significant approvals have already been secured allowing for quick commencement of construction. The townhouse design features expansive garages with a 3-piece bath on the main floor, open living spaces and a powder room on the second floor, and 3 bedrooms along with two bathrooms on the third level. Each unit will offer stunning mountain and trail views, with patios at the rear overlooking the natural landscape. The large garages provide ample space for storing recreational equipment, such as boats and lake toys, throughout the year. Lake Cowichan is a vibrant community, renowned for its scenic beauty and year-round recreational opportunities. This property presents an excellent investment opportunity for discerning buyers.More details
This multi-family development site is located in Trails Edge Lake Cowichan, offering a prime 29,819 sq. ft. (0.68-acre) lot. The site is currently cleared, level, and primed for development, with a preliminary plan in place for a 12-unit townhouse project. Significant approvals have already been secured allowing for quick commencement of construction. The townhouse design features expansive garages with a 3-piece bath on the main floor, open living spaces and a powder room on the second floor, and 3 bedrooms along with two bathrooms on the third level. Each unit will offer stunning mountain and trail views, with patios at the rear overlooking the natural landscape. The large garages provide ample space for storing recreational equipment, such as boats and lake toys, throughout the year. Lake Cowichan is a vibrant community, renowned for its scenic beauty and year-round recreational opportunities. This property presents an excellent investment opportunity for discerning buyers.More details
Discover over 21 acres of beautiful, forested land just minutes from Lake Cowichan—an exceptional opportunity to create your private retreat or explore future development options. Conveniently accessed from Cowichan Lake Road along a secondary route into Lake Cowichan, this property offers both privacy and accessibility, located only 15 minutes from Duncan. The acreage is already well-equipped with key services, including a drilled well, septic system, and 200-amp electrical service complete with a dedicated power shed. Recently rezoned to R-2, the property supports a minimum lot size of 4.9 acres for parcels not connected to community water, providing attractive potential for subdivision in line with local regulations. A rare blend of natural beauty, infrastructure, and flexibility—this is a must-see for investors, builders, or those seeking a serene, expansive rural setting near Vancouver Island’s stunning lake country. Viewings by appointment only with your Realtor.More details
Listed by Royal LePage Coast Capital Realty and Royal LePage Coast Capital - Chatterton
Immerse yourself in nature on this private 9-acre retreat, ideally located just minutes from Lake Cowichan and backing onto the Trans Canada Trail. A seasonal stream winds through the property, creating a peaceful setting surrounded by mature trees, wildlife trails, and a custom gate at the entrance for added privacy.
The property is prepped and ready for your vision, with a cleared building site, power shed, well with filtration system, and septic system already in place.
Whether you're dreaming of a secluded getaway, hobby farm, or full-time nature retreat, the possibilities here are wide open. Zoning allows for a secondary dwelling and accessory buildings (subject to CVRD bylaws). Included are plans for a well-designed 2-bedroom + den West Coast rancher—or bring your own plans and make it uniquely yours with additional building sites.
A rare opportunity to own a peaceful slice of the Cowichan Valley, where nature and convenience meet.More details