Features

Listing #: 09203

Legal Description: SL 4 DL 12 COWICHAN LAKE DISTRICT SP VIS 6635 (TOG W/AN INT IN THE COMMON PROPERTY IN PROPORT TO UE OF SL AS SHOWN ON FORM V)

Taxes: $1,600 (2008)

Strata Fee: $104 (2008)

Zoning: C3 Commercial

Improvements: 800 sq ft 2-bedroom patio home and shared dock

Description: Wonderful Park like setting very close to town this offering consists of Strata Lot 3 within Penny Lane River Side Cottages.

Strata Lot 3 includes a 800 Sq Ft two bedroom home located just a stone's throw from the Cowichan River. The home is conveniently hooked up to Hydro, municipal water and sewer. The unobstructed river views from this home are incomparable.

Current zoning allows for full time residential use and commercial uses. Strata ownership provides for shared use of river frontage and dock.

Penny Lane River Side Cottages is a 12 unit strata development in the town of Lake Cowichan. The property is over one acre in size and sits along side the historic Cowichan River. It offers breath taking views and easy access for swimming, fishing or just relaxing. What a unique waterfront living experience as Penny Lanes river access is mostly flat and obstacle free.

This resort property consists of 1.01 acres and it offers access to over 120 feet of waterfront on the Cowichan River. The previous owners of the property had conducted business on this site for the past few generations. Operating as a hunting, fishing and holiday resort it has been an active part of Lake Cowichan since 1914.

This property’s zoning offers full ownership of a private unit for recreational or full time occupancy. The property is set in a beautiful, tranquil park like setting, with access to 120 feet of common Riverfront. And it comes with its own dock.

Location: Penny Lane Riverfront Cottages is located on Vancouver Island in a secluded riverfront area within in the Town of Lake Cowichan. Lake Cowichan is only one hour drive from Nanaimo or Victoria.

Penny Lane Riverfront Cottages is just a short walk over the Trans Canada trail foot bridge bringing you into the heart of this wonderful tourist village. There are markets, shops and restaurants within a short stroll. This is an opportunity to enjoy seclusion, privacy, and joys of waterfront living while being close to town amenities and services.

Access: To reach Lake Cowichan from Highway 1 (Trans-Canada), drive to just north of Duncan and turn onto Highway 18. From there it’s only a 20 minute drive (28 kilometers) to the Town of Lake Cowichan.

Services: Hydro, Water, Sewer

Recreation:

Cowichan River
The Cowichan River is a moderately sized river in British Columbia, Canada. It originates in Cowichan Lake, flowing east towards its end at Cowichan Bay. Its drainage basin is 795 square kilometres (307 sq mi) in size.

Shortly after exiting Cowichan Lake, the river drops over Skutz Falls, a small waterfall that is often visited when fish are climbing the fish ladder constructed beside the falls. Below the falls, in the summer time, are some great swimming areas. A ways downstream the river flows through Marie Canyon, a popular kayaking run.

Fishing
The river is widely considered one of the finest trout fishing streams in British Columbia. The Cowichan has an eco-system unique for Vancouver Island and most coastal streams of British Columbia. Unlike many of these streams, the Cowichan has a fine population of insects, crustaceans and annelids. These in turn form a food base for a thriving population of resident trout.

The Cowichan River supports two species of native trout: the rainbow and the cutthroat, and an introduced species: the brown trout stocked originally in the 1930's, the brown trout is surviving and reproducing quite well on its own. Most of the Cowichan's trout are now wild. Besides trout, the Cowichan also supports steelhead and three species of Pacific salmon: Coho, Chinook and chum.

Lake Cowichan
The Town of Lake Cowichan is located at the eastern edge of Cowichan Lake beside the Cowichan River. There are 2,856 people (1996 Census) living in Lake Cowichan

Past Cowichan Lake's eastern shoreline are some of the most spectacular outdoor adventures available on Vancouver Island. From the town, the forests of the Carmanah-Walbarn are only 2 1/2 hours away. Gordon Bay Provincial Park is less than a half-hour away and makes a great place to go camping. The area's temperate climate makes the Cowichan Lake region ideal for outdoor activities all year round.

The town's parks offer plenty of opportunities for picnicking, walking and swimming. Central Park and Saywell Park both offer picnic facilities and are located on the Cowichan River. To take a dip in the Cowichan River, head over to Kinsmen Park (Duck Pond). Other activities awaiting you are tubing, kayaking, horseback riding, houseboat rentals and fishing.