8033 Greendale Rd, Lake Cowichan
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)
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
Lot Size
2.11 acres
View
Mountain view
Lot Features
Heating
Baseboard heaters
Cooling
None
$2,495,000
Loan Amount:
$1,996,000
Estimated Monthly Payment:
$9,727
This is an estimate for informational purposes only. Consult with a financial advisor.
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