Listing Details for 11778 North Shore Rd, Lake Cowichan - MLS® #838629

Vacant Land For Sale 235,000

Vacant Land Property For Sale at $235,000

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Basic Details

Listing ID
21819278
MLS® Number
838629
Street Address
11778 North Shore Rd
Street Number
11778
Street Name
North Shore
City
Lake Cowichan
Postal Code
V0R2G0
Property Type
Vacant Land
Price
235,000
Ownership Type
Other, See Remarks
Zoning Description
F-1
Municipal Id
005-073-332
Neighbourhood
Lake Cowichan
Water Front Type
Waterfront on lake
Features
Park setting, Wooded area, Other
Zoning Type
Other
View Type
Lake view, Mountain view
Parking Name
RV
More Details...

Property Description

This property is being offered as a share sale. Many years ago, four people bought one acre of land together and drew a line in the sand giving each person a 1/4 share of the land. Three generations later 2/5 of 1/4 acre is being offered for sale for $235,000 You become tenants in common on title giving you the right to sell your share of the property. These types of properties are not generally able to get traditional financing, so you need to have cash to purchase. You also need to get independent legal advice before proceeding. What you get is approximately the size of a city lot to call your own space. There is a bath house on the property that is yours however it is in the road set back. The beach is under water in high water. You can only use a composting or propane toilet as you cannot put another septic on the property. There is shared water and you pay your share of the taxes. You cannot build a house you can only use it as a camping site as much as any of the off-grid people do all around the lake. There is no hydro. You do get a lovely camp site with no strata fees, the beach and vista and sun exposure are all great! (id:8145)

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Full Details

Land

Size
2164 sqft
Irregular
2164
Access Type
Road access

Listed by RE/MAX of Lake Cowichan

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Listing information last updated on Thu, 13 Aug 2020 22:17:31 GMT.