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Unique opportunity featuring a fully completed accessory home and a main residence ready for completion. Listed close to assessed value.The accessory home has an occupancy permit, full new home warranty, handicap-accessible design, and an automatic standby generator that powers the entire property. It also offers a fully plumbed rooftop terrace and premium finishes throughout. For the main home, the foundation, drainage, and water service are complete, backfilled, fully inspected, and engineer approved. Professional CVRD rainwater mitigation has been installed and signed off for both homes. Plans for the main residence include a rooftop terrace with beautiful water views. The new owner can complete the build to their own specifications while living in the finished accessory home or generating rental income from it.

2 Beds ⋅ 2 Baths ⋅ 1040549 MLS

Unique opportunity featuring a fully completed accessory home and a main residence ready for completion. Listed close to assessed value.The accessory home has an occupancy permit, full new home warranty, handicap-accessible design, and an automatic standby generator that powers the entire property. It also offers a fully plumbed rooftop terrace and premium finishes throughout. For the main home, the foundation, drainage, and water service are complete, backfilled, fully inspected, and engineer approved. Professional CVRD rainwater mitigation has been installed and signed off for both homes. Plans for the main residence include a rooftop terrace with beautiful water views. The new owner can complete the build to their own specifications while living in the finished accessory home or generating rental income from it.

1591 Cowichan Bay Rd, Cowichan Bay

Courtesy of Sotheby's International Realty Canada (Vic2)

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

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

4544 Lanes Rd, Cowichan Bay

Courtesy of Royal LePage Duncan Realty

Perched on the sun-drenched southern slopes of Mt. Tzouhalem, this exceptional 33+ acre estate offers unspoiled scenic splendour with sweeping 180-degree ocean and valley views over Cowichan Bay. A rare opportunity for discerning lifestyle and legacy buyers alike seeking privacy, peace, and a truly special setting. Full road access leads to multiple building sites, ideal for creating your dream home, retreat, or off-grid sanctuary. Natural spring and southern exposure support growing potential—perfect for vines and other plants that require plenty of sunlight. Equally suited for recreation, wellness, or long-term investment, this remarkable property blends serenity with convenience, just minutes from amenities.

Perched on the sun-drenched southern slopes of Mt. Tzouhalem, this exceptional 33+ acre estate offers unspoiled scenic splendour with sweeping 180-degree ocean and valley views over Cowichan Bay. A rare opportunity for discerning lifestyle and legacy buyers alike seeking privacy, peace, and a truly special setting. Full road access leads to multiple building sites, ideal for creating your dream home, retreat, or off-grid sanctuary. Natural spring and southern exposure support growing potential—perfect for vines and other plants that require plenty of sunlight. Equally suited for recreation, wellness, or long-term investment, this remarkable property blends serenity with convenience, just minutes from amenities.

LT 1 Khenipsen Rd, Cowichan Bay

Courtesy of Pemberton Holmes Ltd. (Dun)

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