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Foreclosure. Accepted offer @ $275,000, Court approval Date April 26 @ Nanaimo, BC. This 5 acre split zoned single and multi-family development site is within town limits and just across the street from the Cowichan River. Lake Cowichan is a growing and vibrant community with one of largest fresh water lakes on the island. Its only 20 minutes from Duncan and a hour away from Victoria or Nanaimo. Lake Cowichan also has a paved road that links up to Port Renfrew and the west coast of the island which is starting to draw a lot more traffic and interest in this town. A Great Time to Invest!!!