Incredible 1.0 acre development property backing onto $1.5 Billion Cowichan District Hospital & located within the Bell McKinnon Local Area Plan which designates the entire Property as "Residential Med (RM)" promoting 2-3 storey townhouses and duplex/triplex development. The future RM designation in the LAP suggests development of up to 3 storeys and maximum 1.2 Floor Area Ratio provided parking requirements are met. North Cowichan is planning for a sewer connection as some point in the near future which (after connection and removal of current septic field) could make the 1 acre plot sub-dividable. Current 3 bed 2 bath home is 2216 square feet and renovated. Buy now for potential development, invest in a rental and future development profits, or purchase an exquisitely maintained home that could possibly be sub divided for both rental and or living as well as development potential. Interior photos on request. Buyers to do their own due diligence about subdivision and development.More details
Welcome to a prime investment opportunity on award-winning 1st Ave in Ladysmith. The property features 3 commercial units w/ excellent street frontage & a spacious, no-step level entry Rancher residence. Combining prime commercial space w/ luxurious residential living, this property is highly desirable. The commercial units suit various businesses, & above is a large single-family residence w/ high ceilings, private off-street parking, & zero noise transfer. The residence includes a courtyard w/ a freestanding gas fireplace. It has a detached garage, iron security gating, & alley access for convenience. Its location on 1st Ave offers excellent visibility & accessibility for businesses. Recent upgrades include, but are not limited to, hardscaping of rear yard space w/ a gas fireplace, new roof & gutters, & extensive landscaping. New heating systems ensure low maintenance, & economical utility costs. Rare offering in the heart of one of the best streets in Canada.More details
Discover the ideal location for your business in the heart of Lake Cowichan with this versatile .23-acre commercial property, offering high visibility & easy accessibility on the main road entering Lake Cowichan. The main building features 1015 SF of professional space, including 5 private offices, a board room with kitchenette, bathroom, & basement storage, heat pump & electric wall heaters, providing both function & convenience. A separate 218 SF stand-alone kiosk allows for additional rental income, while ample on-site parking caters to employees & customers. Zoned C4, this fully serviced lot accommodates professional office use & a 3 storey building is permitted. Some tenants are in place, but no long-term leases thus providing flexibility to the next owner. Continue leasing individual offices as the current owner has been doing or convert the building to your own professional space. Building & land sale. Do not approach the property or tenants without a confirmed appointment.More details