











1/13167 River Rd, Lake Cowichan, BC V0R2G0
$170,000 total
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Asset Class
Land
Size
—
Building class
A
Zoning
AG — Agricultural
$ / SF
—
Occupancy
91%
Lot Size
0.36818181818181817 ac
Nestle yourself in the trees overlooking the beautiful little settlement of Lake Cowichan. Witness the lazy heritage Cowichan River as it meanders its way through the heart of the town. This lot is a good size for a home and outbuildings and should be easy to create maximum privacy. Wonderful sunrises stretch down the Cowichan Valley to greet you in the morning. It never gets old! Two blocks from ‘the Duck Pond’, a local beach where many have learned to swim, and three blocks from the public boat launch, which allows you access to all the wonderful things Cowichan Lake has to offer. The town is conveniently located 20 min from most of the big box stores in Duncan, 45 min to world class fishing in Port Renfrew and just over an hour to Victoria. Just far enough off the beaten track to give you that peaceful feeling of coming home. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$785
Projected NOI
$9K
Annual cash flow
$-867
Cash-on-cash
-1.70%
DSCR
0.91
Going-in cap
5.03%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
56,447
Households
19,952
Median income
$91,500
Median age
44
Daytime population
85,252
5-yr growth
8.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 167 River Rd, Lake Cowichan.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.