Cowichan Commercial

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118 Edgewood Dr
Du Lake Cowichan Lake Cowichan V0R 2G0

$1,650,000
Commercial Sale

Main Photo: 118 Edgewood Dr in Lake Cowichan: Du Lake Cowichan Unimproved Land for sale (Duncan)  : MLS®# 983680
Photo 1: 118 Edgewood Dr in Lake Cowichan: Du Lake Cowichan Unimproved Land for sale (Duncan)  : MLS®# 983680
Photo 2: 118 Edgewood Dr in Lake Cowichan: Du Lake Cowichan Unimproved Land for sale (Duncan)  : MLS®# 983680
Photo 3: 118 Edgewood Dr in Lake Cowichan: Du Lake Cowichan Unimproved Land for sale (Duncan)  : MLS®# 983680
Photo 4: 118 Edgewood Dr in Lake Cowichan: Du Lake Cowichan Unimproved Land for sale (Duncan)  : MLS®# 983680
Photo 5: 118 Edgewood Dr in Lake Cowichan: Du Lake Cowichan Unimproved Land for sale (Duncan)  : MLS®# 983680
Photo 6: 118 Edgewood Dr in Lake Cowichan: Du Lake Cowichan Unimproved Land for sale (Duncan)  : MLS®# 983680
Photo 7: 118 Edgewood Dr in Lake Cowichan: Du Lake Cowichan Unimproved Land for sale (Duncan)  : MLS®# 983680
Photo 8: 118 Edgewood Dr in Lake Cowichan: Du Lake Cowichan Unimproved Land for sale (Duncan)  : MLS®# 983680
Photo 9: 118 Edgewood Dr in Lake Cowichan: Du Lake Cowichan Unimproved Land for sale (Duncan)  : MLS®# 983680
Photo 10: 118 Edgewood Dr in Lake Cowichan: Du Lake Cowichan Unimproved Land for sale (Duncan)  : MLS®# 983680
Photo 11: 118 Edgewood Dr in Lake Cowichan: Du Lake Cowichan Unimproved Land for sale (Duncan)  : MLS®# 983680
Photo 12: 118 Edgewood Dr in Lake Cowichan: Du Lake Cowichan Unimproved Land for sale (Duncan)  : MLS®# 983680
Photo 13: 118 Edgewood Dr in Lake Cowichan: Du Lake Cowichan Unimproved Land for sale (Duncan)  : MLS®# 983680
Photo 14: 118 Edgewood Dr in Lake Cowichan: Du Lake Cowichan Unimproved Land for sale (Duncan)  : MLS®# 983680
Photo 15: 118 Edgewood Dr in Lake Cowichan: Du Lake Cowichan Unimproved Land for sale (Duncan)  : MLS®# 983680
Photo 16: 118 Edgewood Dr in Lake Cowichan: Du Lake Cowichan Unimproved Land for sale (Duncan)  : MLS®# 983680
Photo 17: 118 Edgewood Dr in Lake Cowichan: Du Lake Cowichan Unimproved Land for sale (Duncan)  : MLS®# 983680
Photo 18: 118 Edgewood Dr in Lake Cowichan: Du Lake Cowichan Unimproved Land for sale (Duncan)  : MLS®# 983680
Photo 19: 118 Edgewood Dr in Lake Cowichan: Du Lake Cowichan Unimproved Land for sale (Duncan)  : MLS®# 983680
Photo 20: 118 Edgewood Dr in Lake Cowichan: Du Lake Cowichan Unimproved Land for sale (Duncan)  : MLS®# 983680
Photo 21: 118 Edgewood Dr in Lake Cowichan: Du Lake Cowichan Unimproved Land for sale (Duncan)  : MLS®# 983680
Photo 22: 118 Edgewood Dr in Lake Cowichan: Du Lake Cowichan Unimproved Land for sale (Duncan)  : MLS®# 983680
Photo 23: 118 Edgewood Dr in Lake Cowichan: Du Lake Cowichan Unimproved Land for sale (Duncan)  : MLS®# 983680
Photo 24: 118 Edgewood Dr in Lake Cowichan: Du Lake Cowichan Unimproved Land for sale (Duncan)  : MLS®# 983680
Photo 25: 118 Edgewood Dr in Lake Cowichan: Du Lake Cowichan Unimproved Land for sale (Duncan)  : MLS®# 983680
Photo 26: 118 Edgewood Dr in Lake Cowichan: Du Lake Cowichan Unimproved Land for sale (Duncan)  : MLS®# 983680
Photo 27: 118 Edgewood Dr in Lake Cowichan: Du Lake Cowichan Unimproved Land for sale (Duncan)  : MLS®# 983680
Photo 28: 118 Edgewood Dr in Lake Cowichan: Du Lake Cowichan Unimproved Land for sale (Duncan)  : MLS®# 983680
Photo 29: 118 Edgewood Dr in Lake Cowichan: Du Lake Cowichan Unimproved Land for sale (Duncan)  : MLS®# 983680
Photo 30: 118 Edgewood Dr in Lake Cowichan: Du Lake Cowichan Unimproved Land for sale (Duncan)  : MLS®# 983680
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
983680
This multi-family development site is located in Trails Edge Lake Cowichan, offering a prime 29,819 sq. ft. (0.68-acre) lot. The site is currently cleared, level, and primed for development, with a preliminary plan in place for a 12-unit townhouse project. Significant approvals have already been secured allowing for quick commencement of construction. The townhouse design features expansive garages with a 3-piece bath on the main floor, open living spaces and a powder room on the second floor, and 3 bedrooms along with two bathrooms on the third level. Each unit will offer stunning mountain and trail views, with patios at the rear overlooking the natural landscape. The large garages provide ample space for storing recreational equipment, such as boats and lake toys, throughout the year. Lake Cowichan is a vibrant community, renowned for its scenic beauty and year-round recreational opportunities. This property presents an excellent investment opportunity for discerning buyers.
Property Type:
Commercial Sale
Type:
Unimproved Land
Commercial Type:
Land
Lease Type:
Sale of Assets
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Du Lake Cowichan, Duncan
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0.68 acre(s)
Taxes:
Ceiling Heights:
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer To Lot
Fireplace:
No
Pending Date:
Mountain(s)
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
Town of Lake Cowichan
Legal Description:
Zoning:
R-7
Units in Building:
Units in Community:
Occupancy:
Vacant
Lot Site Features:
Cleared, Easy Access, Family-Oriented Neighbourhood
Parking Features:
On Site
Total Units:
Date Listed:
Jan 30, 2025
Original Price:
1900000.0
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Listed by RE/MAX Generation (LC)
Data was last updated April 3, 2025 at 04:05 AM (UTC)
Area Statistics
Listings on market:
46
Avg list price:
$1,600,000
Min list price:
$68,000
Max list price:
$14,800,000
Avg days on market:
100
Min days on market:
5
Max days on market:
618
These statistics are generated based on the current listing's property type and located in Duncan. Average values are derived using median calculations.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.