C-1 Commercially zoned investment property in Lake Cowichan represents a great opportunity to perhaps live in one of the units & have the others help pay the mortgage. There are 2 separate buildings with 5 total rental units that are all occupied. Larger building has a 5 bedroom suite that takes up the main & upper levels & 2 one bedroom suites in the lower level. The second building is a rancher style with a 2 bedroom suite on one side & a 1 bedroom suite on the other side. In the last 8-9 years the larger, older building was pretty much completely renovated and brought up to code. Both buildings have cedar siding, vinyl windows, good roofs & there is 400 amps total power with each unit having a separate meter in the dedicated power room. Each unit has a fridge, stove, washer, dryer, hot water tank & there is an alarm system that notifies each unit if there is fire/smoke in any of the other units. Close to restaurants, pub, shops, drug store, school, arena & a park on the river.
| Address |
161 South Shore Rd |
| List Price |
$997,000 |
| Property Type |
Residential |
| Type of Dwelling |
Single Family Residence |
| Area |
Duncan |
| Sub-Area |
Du Lake Cowichan |
| Bedrooms |
10 |
| Bathrooms |
5 |
| Floor Area |
3,880 Sq. Ft. |
| Lot Size |
6000 Ac. |
| Lot Size Acres |
0.13 Ac. |
| MLS® Number |
974186 |
| Listing Brokerage |
Sutton Group-West Coast Realty (Dunc)
|
| Basement Area |
Finished, Not Full Height, Walk-Out Access, With Windows |
| Postal Code |
V0R 2G0 |
| Tax Amount |
$4,358 |
| Tax Year |
2024 |
| Features |
Baseboard, Electric, F/S/W/D, Insulated Windows, Mixed, Screens, Vinyl Frames |
| Amenities |
Balcony/Deck, Balcony/Patio, Central Location, Corner Lot, Landscaped, Marina Nearby, Recreation Nearby, Shopping Nearby, Sidewalk |
RE/MAX Generation LC