29985 DOWNES ROAD

Description

Introducing Tanglebank Estate! Spectacular 20 acre destination featuring beautifully landscaped gardens, expansive lawns, and scenic walking trails, all conveniently located just 5 minutes from Hwy 1. This one-of-a-kind property offers a rare opportunity with a fully operational restaurant/bistro complete with a commercial kitchen, indoor and outdoor dining areas, a liquor licence, and retail space ideal for a gift shop. Continue the agri-tourism operation, revive the greenhouse/nursery business, restaurant or create an exceptional venue for weddings, corporate events, private functions, and more. The newly renovated 3-bedroom, 2-bathroom home is perfect for an owner-operator or generates excellent rental income. An extraordinary offering with endless business and lifestyle potential. (id:63159)

Property Details

Annual property tax

$19,229.29 (2026)

Brokerage

B.C. Farm & Ranch Realty Corp.

Location Insights

Population

153,524

(2021 Census)

+8.6% since 2016

Density

409/km²

Dwellings

55,659

Median household income

$90,000

After-tax

$81,000

Immigrant population

28.6%

Top countries of origin

• India15.5% · 23,835
• United Kingdom1.5% · 2,315
• Philippines1.1% · 1,730
• United States of America0.9% · 1,395
• Netherlands0.6% · 890
• Viet Nam0.6% · 880
• Korea, South0.6% · 845
• China0.5% · 840

Source: Statistics Canada, 2021 Census of Population.

Weather

23°C

Mostly Cloudy

Humidity 54%

Wind WSW 7 km/h

Today

24°

Tonight

14°

Thursday

21°

Thursday night

11°

Friday

20°

Friday night

13°

Source: Environment and Climate Change Canada.