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 requestMore details
Endless potential with this rare mixed-use waterfront opportunity at Paradise Marina. Nearly 1.5 acres (combined with 1241 Sutherland Dr.) 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 1241 Sutherland Dr.More details
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 RdMore details
380 Contiguous Acres within the Town of Lake Cowichan's boundaries. Single title. The land use plan used to secure CD1 zoning is quite extensive, detailed and available. There is still an opportunity to incorporate your own ideas as we are currently working with the Town to come to a collaborative win win. The property has abundant water, including a very beautiful lake, approximately 12 ft deep. We can arrange a time to view upon request. Lake Cowichan is a beautiful, safe, small town which has been recently discovered as a recreational destination. Bring council your recommendations and creative ideas. CD1 zoning has the most flexible bylaws and is intended for a mixture of uses using an integrated plan. Please ask for an information package.More details
Exceptional opportunity to acquire a well-established, profitable retail business in the heart of Lake Cowichan. Operating for over 50 years, this trusted footwear store is a community staple, known for quality selection and a loyal, multi-generational customer base. Ideally located in a high-visibility central area, it benefits from steady foot traffic and consistent year-round sales. The store offers a wide range of footwear and accessories for all ages, supported by strong supplier relationships and an established brand presence. This turnkey operation suits an owner-operator, with streamlined operations, low overhead, and solid margins. The organized retail space supports efficient merchandising and a great customer experience, driving repeat business. Fully operational seven days a week, with systems in place for a seamless transition. Rare chance to own a proven, community-rooted business.More details
8 Half Duplexes - Each with 3 Bedrooms - Separately Metered - Ground Level - 6.81% CAP Rate - Turnkey Ready! All units fully updated, thoughtfully soundproofed, 4 piece bathrooms, full sized appliances including laundry, individual storage sheds, non-smoking and in excellent condition. The entire property is meticulously maintained and well managed with solid tenancy agreements in place. Prime location in a peaceful neighbourhood on a safe, private, no-through road and only a 10 minute walk or 2 minute drive to town. Consistent 0% vacancy rate as residents enjoy so much natural beauty right from their doorsteps, including private waterfront alongside a lovely creek, as well direct access to the Trans Canada Trail. Very low maintenance as all tenants are responsible to look after their designated portion of yard space, including grass cutting, leaf raking and snow removal. Gentle sloping 2+ acre corner lot. Plenty of parking. Potential for future subdivision.More details
Prime commercial leasing opportunity in the heart of Lake Cowichan! This 711 sq. ft. corner unit enjoys excellent exposure on a busy main street location, with large corner windows that flood the space with natural light and create outstanding visibility for your business. The open and versatile layout is well suited for retail, office, prof services, or a variety of other commercial uses. The unit features a combination of durable laminate and tile flooring, a convenient 2-piece bathroom, and electric heat. Its highly visible storefront offers excellent signage opportunities and strong exposure to both pedestrian and vehicle traffic. Ample on-site parking provides convenience for customers and staff alike.
Zoned C-1, this centrally located space offers flexibility for a wide range of business ventures in one of Lake Cowichan's most active commercial areas. A fantastic opportunity to establish or expand your business in a growing community. This building is also advertised FOR SALE.More details
Prime commercial opportunity in the heart of Lake Cowichan! This 1,126 sq. ft. corner unit offers excellent exposure on a busy street with large windows that provide natural light and visibility for your business. The flexible floor plan includes multiple offices, treatment rooms, or reception area options, making it ideal for professional services, medical or wellness practitioners, retail, or admin use. The unit features a functional kitchenette area, laundry hookups, and a 2-piece bathroom with plumbing roughed in for future accessible washroom, along with forced-air heating and air conditioning, a wheelchair-accessible rear entrance and ample parking. Zoned C-1, this versatile space offers a wide range of permitted business uses in a central location with excellent storefront exposure and signage opportunities. An exceptional opportunity to establish or expand your business in the growing Lake Cowichan community. This property is also advertised FOR SALE.More details
Commercial investment opportunity in the heart of Lake Cowichan. This 4-unit commercial building features concrete block construction, a new roof (2026), freshly painted exterior, and located on the town's main commercial corridor. The property offers excellent visibility, signage exposure, and ample on-site parking. Zoned C-1, the property permits a wide range of commercial uses and offers potential for future building expansion. The building consists of 4 separate storefront units, each with its own entrance, display windows, and dedicated 100-amp electrical panel. Lake Cowichan serves as the commercial centre for the communities of Youbou and Honeymoon Bay, supporting both a year-round population & tourism. This high-exposure location is surrounded by restaurants, retail shops, accommodations, and professional services, making it an attractive opportunity for investors seeking an income-producing asset in a growing Vancouver Island Community.More details