4544 Lanes Rd, Cowichan Bay
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 (id:1945)
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Property details for 4544 Lanes Rd, Cowichan Bay
- Type
- Multi-family
- Lot Size
- 5.22
- Ownership
- Freehold
- Annual Taxes
- $15,698
Nearby Listings Stat
Estimated price and comparable properties near 4544 Lanes Rd
Active Listings
21
Min Price
$449,999
Max Price
$13,750,000
Avg Price
$1,823,224
Days on Market
81
days
Sold Listings
5
Min Sold Price
$430,000
Max Sold Price
$1,050,000
Avg Sold Price
$773,580
Days until Sold
65
days
Price History
Listed
April 29, 2026
by Royal LePage Duncan Realty
Current Price
$3,500,000
-7.9% from last change
Type
Multi-family
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $3,500,000 | $300,000 (-7.9%) |
| Apr 29, 2026 | $3,800,000 | Listed |
