Address
220 MacDonald Rd, Lake Cowichan, BC
Price
$ 3,950,000
Property Attributes
  • ID#955413
  • TypeSingle Family
  • CityLake Cowichan
  • AreaLake Cowichan - Town of
  • NeighbourhoodDuncan
  • Postal CodeV0R 2G0
  • Style
  • Price$ 3,950,000
  • Bedrooms12
  • Bathrooms6
  • Half Bathrooms0
  • Sqr Footage6000
  • Lot Size2.4 Acres
Data Source:
RLP - CREA EN
Property Description

Attn Developers-Opportunity to complete this subdivision in sought after Lake Cowichan. Currently phase 2 is 35% complete with sewer and water and electrical close to the lot lines. The lots have already been cleared and graded and have a subdivision plan. The parcel includes plans for 23 lots, and 3 older duplexes which could be 3 additional lots. One duplex is move in ready with one half of it currently rented, the second half is ready for a tenant. The second duplex requires some finishing work and the third requires substantial work. There are new roofs on all three buildings, and new windows in two of the duplexes. These lots (under one pid) are located 1 km to the beach, shopping and trails. This is a fantastic place to raise a family and enjoy outdoor life all year round! ‘As is’ Appraisal value of the property is $3.960M which includes the subdivision costs of paving, sewer and water to 35% of the proposed lots. Vendor can partially finance $2M at current bank lending rates.

General Features

Rooms 10
Zoning R3
Terms SALE
Neighbourhood Duncan
Parking yes
Construction Materials Frame Wood,Wood
Parking Spaces 4

Interior Features

Total Baths 6
Bedrooms 12
Beds 12
Cooling None
Heating Baseboard,Electric
Laundry In House
Total Baths 6

Exterior Features

Lot Frontage 104544
Lot Size 2.4
Lot Features Central Location,Cleared,Easy Access,Level,Recreation Nearby,Shopping Nearby
Roof Asphalt Shingle

Room Details

Room Dimensions Level Flooring Details
Bathroom Other
Bathroom Main Level
Bedroom 3.05 x 2.74 Other
Bedroom 3.23 x 3.02 Main Level
Bedroom 3.23 x 3.02 Other
Bedroom 3.23 x 3.02 Other
Bedroom 3.17 x 2.95 Other
Dining 2.92 x 1.63 Other
Kitchen 4.29 x 3.99 Main Level
Living 3.78 x 4.32 Other

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in V0R 2G0

Price
AVG $1.11M
$3.95M
Visits
AVG 379
214
Data Provided by Inside Real Estate®
Year Built
AVG 1986
1974