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This 0 bedroom, 0 bathroom multi family is listed for sale at $3,500,000 in Cowichan Bay, British Columbia. Lot size: 227,383 sq ft (5.22 acres).MLS® #1033328.
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
Looking for homes for sale in Cowichan Bay? Browse Cowichan Bay real estate listings,commercial sale properties, and Vancouver Island homes on IslandSold.com. Part of the Duncan area.
Property Type
Multi Family
Lot Size
227,383 sq ft(5.22 acres)
Bedrooms
0
Bathrooms
0
Waterfront
Yes
Area
Duncan
Neighborhood
Cowichan Bay
Listed
Apr 23, 2026
MLS® Number
#1033328
View comprehensive market analysis for Lanes Rd including recent sales, pricing trends, and days on market statistics. Compare this property with other homes on the same street to better understand the local market.
View Lanes Rd Market ReportHere 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

Dallas King
Personal Real Estate Corporation
RE/MAX Generation
Discover more properties and explore the Duncan community, including the Cowichan Bay neighborhood.
Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$19,000
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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