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220 MacDonald Rd in Lake Cowichan: Du Lake Cowichan Land for sale (Duncan) : MLS®# 966908
220 MacDonald Rd Du Lake CowichanLake CowichanV0R 2G0
Attention developers, builders or investors - Proposed 26 lots with three full duplexes in Lake Cowichan all being sold as one parcel. Zoning allows for single family homes and duplexes. One of the six units is currently rented, the second unit of the first building is currently vacant. The second duplex requires some updating and the third duplex requires quite a bit of cleanup. All three buildings have new roofs, while two of the three buildings have new windows. These lots (currently under 1 pid) are located 1 km to the beach, shopping and trails. The seller is open to offers and to a variety of financial arrangements including a vendor take back loan for up to $2,000,000 at competitive rates. One suggestion for this property is to upgrade the duplexes, obtain separate PIDS for them and then sell them to get back some capital. Great opportunity for a handy person or group of investors.More details
Meticulously maintained multifamily rental income property boasting 8 half duplexes; all ground level, completely updated, non-smoking and in great condition! Prime location in a quiet and peaceful neighbourhood on a safe, private, no-through road situated alongside the pristine salmon bearing Stanley Creek with direct access to the Trans Canada Trail and only a five minute walk or 1 minute drive to town! All units have 3 bedrooms, 1 bathroom, full sized appliances, including laundry and individual storage sheds. Considerable rental income currently in place with great tenants. 0% vacancy rate as residents enjoy so much natural beauty right from their doorsteps with quick and easy access to all the amenities. Low maintenance. Plenty of parking. Gentle sloping, 2+ acre corner lot. Beautiful mountain views. All this with great potential for future subdivision!More details
!!! NEW PRICE !!! Multi-Dwelling! South-Facing Riverfront! 4.35 Acres! Prime Location! Rare one of a kind legacy property boasting a gorgeous Main House with a Suite, a Full Duplex, a Cottage and a Workshop, 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! All this with great potential for future subdivision.More details
You won’t want to miss this amazing investment opportunity to get into the Real Estate market. This 6-plex can give you income as well as a way of life. It’s almost like having 6 ground floor suites the way the building sits in its environment. Most have large balconies and the location in the heart of town could not be better. You can walk to everything including the bank, drugstore, hardware, lab, grocery, physio, Notary, liquor, restaurants and more. Plus, the deepest swimming hole Cowichan River has to offer is around 100 ft away. The current tenants are wonderful and take great care of their spaces, and thanks to the seller's diligent maintenance efforts, there is little that needs doing. All units have their own electrical and hot water tanks. There is a good, shared laundry area as well as a large storage area. Lake Cowichan is the gateway to the West Coast so maybe this Boutique Hotel is in your destiny! Call Sandy to explore the many opportunities this offering affords!More details
Welcome to your 9-acre private oasis! Pass through the custom gate & prepare to be transported into a realm of exclusivity & natural beauty. This meticulously designed property has been carefully considered in every detail. Graded site ready to build with stunning plans to a 2 bed + den west coast rancher included, or awaits your architectural masterpiece. Power shed in place to seamlessly connect you to electricity, with a well & small septic system in place, the groundwork for a smooth transition has been expertly laid. A seasonal creek flows through the property, adding to its natural charm. Zoned for secondary dwelling and additional buildings, subject to CVRD bylaws. Nature enthusiasts will love the direct access to the Trans Canada Trail. Located near Lake Cowichan, Duncan, and the Cowichan River. Embrace the tranquility of a secluded retreat, without sacrificing access to urban amenities.More details