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8033 Greendale Rd, Lake Cowichan

MLS® #1030289
About this Property

8 Half Duplexes - Each with 3 Bedrooms - Separately Metered - Ground Level - 6.57% CAP Rate - Turnkey Ready! All units fully updated, thoughtfully soundproofed, 4 piece bathrooms, full sized appliances including laundry, individual storage sheds, non-smoking and in excellent condition. The entire property is meticulously maintained and well managed with solid tenancy agreements in place. Prime location in a peaceful neighbourhood on a safe, private, no-through road and only a 10 minute walk or 2 minute drive to town. Consistent 0% vacancy rate as residents enjoy so much natural beauty right from their doorsteps, including private waterfront alongside a lovely creek, as well direct access to the Trans Canada Trail. Very low maintenance as all tenants are responsible to look after their designated portion of yard space, including grass cutting, leaf raking and snow removal. Gentle sloping 2+ acre corner lot. Plenty of parking. Potential for future subdivision. (id:62865)

Property Information

Status

Active

Property Type

Multi-Family

Ownership

Freehold

Annual Tax

$6,092

Zoning

Unknown

Parcel Number

000-897-761

Data Source

Vancouver Island Real Estate Board

Exterior & Lot

Lot Size

2.11 acres

View

Mountain view

Lot Features

Corner SiteOther
Building & Utilities

Heating

Baseboard heaters

Cooling

None

$2,495,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
Mortgage Calculator
$499,000

Loan Amount:

$1,996,000

Estimated Monthly Payment:

$9,727

This is an estimate for informational purposes only. Consult with a financial advisor.