8033 Greendale Rd, Lake Cowichan, BC V0R 2G0

$2,395,000
24
BD
8
BA
6,920
SqFt

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Courtesy of Realocity Realty Inc.

List Price
$2,395,000
Status
ACTIVE
MLS®
1052004
Property Type
Single Family Residential
Year Built
1955
Style
Side x Side (Duplex)
Bedrooms
24
Total baths
8
Living Area
6,920
Acres
2.11
Lot Size
91,911
District
Lake Cowichan
Neighbourhood
Du Lake Cowichan

Property Description

Rare opportunity to own 8 half duplexes in a remarkable park-like setting with all units now at market rents generating over $17,000 per month! All units have been fully updated, thoughtfully soundproofed, each with a 4 piece bathroom, full sized appliances including laundry, individual storage sheds, non-smoking and in excellent condition. The entire property is well maintained and 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. Live in one of the units while managing your investment or enjoy the rental income living off site.

Additional Information

Layout
Duplex Side/Side
Heating
Baseboard
Roof
Asphalt Shingle
Parking Spaces
16
Parking Type
Driveway
Kitchens
8
Laundry Feature
In Unit
Taxes
$8,595
Rentals Allowed
Unrestricted
Pets Allowed
Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

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Calculator source: Real Geeks

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