1241 Sutherland Dr, Cowichan Bay BC V0R 1N2
$2,943,600
00
1241 Sutherland Dr, Cowichan Bay BC V0R 1N2 - Other for Sale in Cowichan Bay, BC
This 0 bedroom, 0 bathroom other is listed for sale at $2,943,600 in Cowichan Bay, British Columbia. Lot size: 50,965 sq ft (1.17 acres).MLS® #1038026.
Endless potential with this rare mixed-use waterfront opportunity at Paradise Marina. Nearly 1.5 acres (combined with 4635 Lanes Rd) of low-bank waterfront with stabilized net income of approx. $340,000. Potential gross income is approx. $590,000, with operations trending toward stabilization.
Vendor take back financing available. OCP outlines future mixed-use supporting commercial units. Potential to add up to 17 cabins for recreational hoteling or retreat use, with accessory options like cafes, restaurants, or retail.
Includes 2 rebuilt Superhost-rated cabins, redesigned marina with 84 slips, 2,800 linear ft of dock, launch ramp, and $2.5M in upgrades. Docks recently added, dragged, retightened with new anchoring, electrical, and metered slips. Marina is in demand with simple, efficient operations.
23 years remain on assignable and transferable foreshore lease. Ownership open to assisting new management with training. Must be sold with 4635 Lanes Rd
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$2,943,600
For Sale
1 / 2
1241 Sutherland Dr, Cowichan Bay BC V0R 1N2
Cowichan Bay, BC V0R 1N2
MLS® #1038026
Colliers
0beds
0baths
Property Details
Property Type
Other
Lot Size
50,965 sq ft(1.17 acres)
Bedrooms
0
Bathrooms
0
Area
Duncan
Neighborhood
Cowichan Bay
Listed
May 22, 2026
MLS® Number
#1038026
Sutherland Dr Market Report
View comprehensive market analysis for Sutherland Dr 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 Sutherland Dr Market ReportDescription
Endless potential with this rare mixed-use waterfront opportunity at Paradise Marina. Nearly 1.5 acres (combined with 4635 Lanes Rd) of low-bank waterfront with stabilized net income of approx. $340,000. Potential gross income is approx. $590,000, with operations trending toward stabilization.
Vendor take back financing available. OCP outlines future mixed-use supporting commercial units. Potential to add up to 17 cabins for recreational hoteling or retreat use, with accessory options like cafes, restaurants, or retail.
Includes 2 rebuilt Superhost-rated cabins, redesigned marina with 84 slips, 2,800 linear ft of dock, launch ramp, and $2.5M in upgrades. Docks recently added, dragged, retightened with new anchoring, electrical, and metered slips. Marina is in demand with simple, efficient operations.
23 years remain on assignable and transferable foreshore lease. Ownership open to assisting new management with training. Must be sold with 4635 Lanes Rd
Listing History
Members Only
Dallas King
Personal Real Estate Corporation
RE/MAX Generation
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