3 beds · 1 bath · 1270 sqft
Unleash the endless possibilities with this 3-bedroom, 1-bathroom rancher, ideally situated in the Town of Lake Cowichan. This property is zoned C-1 General Commercial, offering a broad range of commercial uses, limited manufacturing, and high-density residential options, including a single-family detached home. Imagine transforming this versatile space into an art studio or gallery, providing business and professional services, or establishing a childcare facility. The zoning also supports light manufacturing, including boat building, cabinet and furniture making, and door and sash manufacturing within a building. Envision the potential for marina and equipment sales, personal service establishments, or repair services for small items. This property also accommodates multi-unit residential living above commercial spaces or at the rear of the property, away from the public street. Additionally, the zoning permits the establishment of a restaurant, a retail store, a service station, and even a theater. With the flourishing community and activities around Cowichan Lake, this property stands out as an exceptional investment opportunity. Seize the chance to create something remarkable in the core of Lake Cowichan, enjoying this vibrant community while building a thriving business. (id:39198)
Building Type House
Year built 1946
Square Footage 1270 sqft
Stories
Bedrooms 3
Bathrooms 1
Parking 2
NeighbourhoodLake Cowichan
Land size 6490 sqft
Heating type Baseboard heaters
Basement type
Parking Type
Time on REALTOR.ca58 days
This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.
Brokerage Name: eXp Realty
Home price
$499,000
Start with 2% down and save toward 5% in 3 years*
* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.
$4,539 / month
Rent $4,014
Savings $525
Initial deposit 2%
Savings target Fixed at 5%
Start with 5% down and save toward 5% in 3 years.
$4,000 / month
Rent $3,891
Savings $109
Initial deposit 5%
Savings target Fixed at 5%