Salt Spring Island Land Properties for Sale

Land in Salt Spring Island available for sale

Salt Spring Island Land for Sale

1241 Sutherland Dr

Cowichan Bay, BC V0R 1N2

Land for Sale
$4,880,000 CAD
1.50 AC Lot

Cowichan Bay Land for Sale

1.5-Acre premium waterfront property in Cowichan Bay featuring an established 84-slip marina and short-term rental operation generating a projected stabilized net income of approximately $386,000. With over $2.5M in recent upgrades and 23 years remaining on an assignable foreshore lease, the property offers strong in-place income and significant development potential.

Contact:

Colliers

Property Subtype:

Commercial

Date on Market:

2026-02-19

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More details for 2675 Lodgepole Rd, Mill Bay, BC - Land for Sale

Deloume Rd Land - 2675 Lodgepole Rd

Mill Bay, BC V8H 1B1

Land for Sale
$1,200,000 CAD
1.10 AC Lot

Mill Bay Land for Sale

CBRE Victoria is pleased to present a rare opportunity to acquire 1.1 acres of development-ready land in the heart of Mill Bay, BC. Located steps from the Mill Bay Shopping Centre and adjacent to a controlled intersection at Highway 1 and Deloume Road, this site offers exceptional visibility and access for both northbound and southbound traffic. Mill Bay is a rapidly growing community within the Shawnigan region, offering a blend of coastal charm and commuter convenience. The area is well-connected to Victoria and Nanaimo via Highway 1 and benefits from a strong demographic base including students, families, and professionals. With buildable density scenarios ranging from 1:1 to 2:1 FSR, developers have flexibility to tailor the site to market demand. This is a strategic opportunity to deliver housing in a high-demand corridor with excellent infrastructure, walkability, and lifestyle appeal.