4544 Lanes Rd, Cowichan Bay, BC, V0R 1N2

MLS® # 1014109

Investment For Sale In Cowichan Bay, British Columbia

$3,800,000

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4544 Lanes Rd, Cowichan Bay, BC - Outdoor With Body Of Water With View

4544 Lanes Rd, Cowichan Bay, BC - Outdoor With View

4544 Lanes Rd, Cowichan Bay, BC - Outdoor

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4544 Lanes Rd, Cowichan Bay, BC, V0R 1N2

$3,800,000

Property Information:

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, asix unit apartment building and an older house. All units currently rented with and 2024 EGI ofapproximately 237,000. The property slopes toward the water so most units have ocean views. The locationis rural enough to make it peaceful but within a short drive to amenities. There is ample opportunity toincrease 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

Property Features:

Annual Tax Amount: $15,698
Business Type: Mobile/Trailer Park
Lot Features: Adult-Oriented Neighbourhood, Rectangular Lot, Sloped
Lot Frontage: 227383.2 Square Feet
Lot Size: 5.22 Acres
Ownership: Freehold
Parking Features: On Site
Property Sub Type: Multi Family
Road Surface Type: Paved
Water Source: Cistern, Well: Drilled
Waterfront Features: Ocean Front
Zoning: MP1
Sewer:

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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Notes:

Blair Herbert

Broker/Owner Royal LePage Duncan Realty *

Office:250.746.6621

Fax:250.746.1766

View All of Blair's Listings

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Market Price Trends

All Properties

-1.6%

Price change (1 year)

32.58%

Price change (5 years)

Location of 4544 Lanes Rd, Cowichan Bay, BC, V0R 1N2

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

22 hot days expected in 2050

Projected Precipitation Risk: High

13 storms expected in 2050

Projected Heat Risk: Moderate-Low

22 hot days expected in 2050

29/100

Moderate-Low

ClimateCheck®

Current data

This property, 4544 Lanes Rd , experiences 7 hot days per year at around 28.4 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 22 hot days at 31.4 degrees Celsius.

Projected Avg. Temperature

Past

28.4℃

2050

31.4℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

13 storms expected in 2050

83/100

High

ClimateCheck®

Current data

This property, 4544 Lanes Rd , experiences 12 significant 2-day storms per year, with about 476.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 548.9mm of precipitation per year.

Precipitation Per Storm

Past

476.1mm

2050

548.9mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 4544 Lanes Rd, Cowichan Bay, BC, V0R 1N2

Life Stage

Nearly Retired

Employment Type

Mixed

Average Household Income

$118,660.00

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.43 %

High school certificate or equivalent

32.85 %

Apprenticeship trade certificate/diploma

9.99 %

College/non-university certificate

17.59 %

University certificate (below bachelor)

2.33 %

University Degree

24.82 %

Commuter

Travel To Work

By Car

94.28 %

By Public Transit

0.0 %

By Walking

1.01 %

By Bicycle

1.88 %

By Other Methods

2.83 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

Houses

100.0 %

Own Vs. Rent

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4544 Lanes Rd, Cowichan Bay, BC, V0R 1N2 $3,800,000 MLS® # 1014109