220 Macdonald Rd | $3,950,000
Belinda Kissack Agent Photo
Belinda
Kissack
C. (250) 710-6727
P. (250) 748-7200
Phone Belinda www.BelindaKissack.com
RE/MAX ISLAND PROPERTIES
472 Trans Canada Highway
Duncan, BC
Canada V9L 3R6

Details

%
Years (35 year max)
Years



Address 220 Macdonald Rd
AreaDuncan
Sub AreaLake Cowichan
State/ProvinceBritish Columbia
CountryCanada
Price$3,950,000
Property TypeLots/Acreage
Bedrooms12
Bathrooms6
Floor Space6000 Square Feet
Lot Size104544.00 Square Feet
WaterfrontNo
Year Built0
Taxes $0
Tax Year2023
MLS® #966908

Attention developers, builders or investors - Proposed 26 lots with three full duplexes in Lake Cowichan all being sold as one parcel. Zoning allows for single family homes and duplexes. One of the six units is currently rented, the second unit of the first building is currently vacant. The second duplex requires some updating and the third duplex requires quite a bit of cleanup. All three buildings have new roofs, while two of the three buildings have new windows. These lots (currently under 1 pid) are located 1 km to the beach, shopping and trails. The seller is open to offers and to a variety of financial arrangements including a vendor take back loan for up to $2,000,000 at competitive rates. One suggestion for this property is to upgrade the duplexes, obtain separate PIDS for them and then sell them to get back some capital. Great opportunity for a handy person or group of investors.

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Data Source: Statistics Canada
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