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1241 Sutherland Dr, COWICHAN BAY
2026-05-26
Quick Summary
- Location
- 1241 Sutherland Dr, COWICHAN BAY, British Columbia V0R1N2
- Price
- $2,943,600
- Status:
- For Sale
- Property Type:
- Other
MLS®#1038026
Property 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. Must be sold with 4635 Lanes Rd (id:32467)
Property Features
Building
- Fireplace: No
- Building Type: Other
Land
- Land Size: 1.17 ac
Ownership
- Type: Freehold
Information entered by Colliers
Listing information last updated on: 2026-05-25 16:51:05
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.
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Each agent sets their own commission structure, subject to a maximum of 1% for listing services and up to 1% payable to cooperating brokerages. Homes under $500,000 are subject to a minimum charge of $9,950
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Per Dahlstrom REALTOR®
- Phone:
- (250) 732-3137
- Mobile:
- (250) 732-3137
- Email:
- oneper@shaw.ca
- Support Area:
- Duncan, Cowichan Bay, Mill Bay, Ladysmith, Chemainus, Cowichan Lake, Crofton, Shawnigan Lake, Lake Cowichan, Youbou, Honeymoon Bay, Saltair, Cobble Hill, Langford, Malahat, Cedar, Mill bay
Your local Cowichan Valley and area Real Estate professional. Licensed since 2003, I have worke ...
Full ProfileValentino Prundaru REALTOR®, Licensed Real Estate Agent
- Phone:
- (250) 686-2242
- Email:
- prundaru@gmail.com
- Support Area:
- Victoria, Saanich, Oak Bay, Esquimalt, Langford, Colwood, Central Saanich, North Saanich, Sidney, View Royal, Metchosin, Highlands, Sooke, Saanich East, Saanich West, James Bay, Fairfield, Shawnigan Lake, Mill Bay, Cobble Hill, Cowichan Bay, Duncan
Full MLS Real Estate Services at Low Commission for Sellers! Cash Back for Buyers! Meet Valentino: ...
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