$1,749,000
For more information regarding the value of a property, please contact us for a free consultation.
1.09 Acres Lot
SOLD DATE : 09/22/2021
Key Details
Sold Price $1,749,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 877647
Sold Date 09/22/21
Rental Info Unrestricted
Annual Tax Amount $4,437
Tax Year 2021
Lot Size 1.090 Acres
Acres 1.09
Property Description
Rare & exceptional lakefront opportunity in sunny Youbou on the pristine & highly desirable Cowichan Lake. With 1.09 acres of true walk on waterfront & situated in a sheltered bay, this flat usable C4 commercial tourism zoned property offers incredible possibilities for this thriving recreational community. Zoning allows for a multitude of primary uses including but not limited to a resort, hotel, motel, campground, marina, boat sales/rentals, restaurant or rec facility with a single family dwelling as an accessory use. Options are plentiful but envision multiple cottages, cabins, airstreams etc as revenue generating vacation rentals plus a single family dwelling. Creating a unique, immensely in demand set up which is also a sensible business venture or group endeavour. This is just one option of many. There may also be possibility to rezone to residential use if you’re after an incredible one of a kind lakefront estate on Vancouver Island with no speculation tax. Buyer to verify uses.
Location
Province BC
County Cowichan Valley Regional District
Area Du Youbou
Zoning C4
Exterior
Parking On Site 1
Utilities Available Electricity To Lot
Waterfront 1
Waterfront Description Lake
View Y/N 1
View Mountain(s), Lake
Total Parking Spaces 10
Building
Lot Description Acreage, Cleared, Easy Access, Family-Oriented Neighbourhood, Level, Private, Quiet Area, Recreation Nearby, Serviced, Southern Exposure, Walk on Waterfront
Sewer Septic Needed
Water Municipal
Others
Restrictions Easement/Right of Way,Restrictive Covenants
Tax ID 001-282-131
Ownership Freehold
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with eXp Realty