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Listed price in listed location currency (CAD).
$2,507,635

000

MLS® 1050222

Overview

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $8,153
Days Active 0
Lot Size 1.17 Acres
Approx. Age 
MLS® Number 1050222

Property Address: 1241 Sutherland Dr, Cowichan Bay, BC, V0R1N2

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number1050222
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
DrivewayOn Site
Garage Spaces
Heat
A/C

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $2,507,635

For Sale · 0 days

$2,507,635

MLS® 1050222

2 hours ago

Not Sold Yet

September 2026, For Sale for $2,507,635

For Sale · 0 days

$2,507,635

MLS® 1050222

2 hours ago

Not Sold Yet

  • Sep 14, 2026, Canceled for $2,720,600

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