

2,600 sqft
C$2,507,635
1241 Sutherland Dr, Cowichan Bay British Columbia, V0R1N2
Price per sqftC$964.48
Property size2,600 sqft
Property typeOther
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Overview
Active
Listed Sep 18, 2026
Updated 23 min ago
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 Rd. Buyer package available with signed NDA. Buyer to confirm all details. (id:41202)
Other Property Details
- Taxes
- $8,153
- Tax Frequency
- Annually
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