8033 Greendale Rd,Lake Cowichan, BC V0R2G0
Lake Cowichan, BC V0R2G0
Description
8 half duplexes, all ground level, each with 3 Bedrooms, separately metered, now all at market rents generating over $17,000 per month at a 7.14% CAP Rate. 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 direct access to a lovely creek and 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:13843)
Details
| MLS # | 1052039 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 8 |
| Listing Provided By | Realocity Realty Inc. | Brian Horwitz |
Features
| SQ Feet | 6,920 |
|---|---|
| Units | 8 |
| Zoning | Unknown |
| Acreage | 2.11 |
| Property View | Mountain view |
Interior
| Cooling | None |
|---|---|
| Heating | Baseboard heaters |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Corner Site, Other |
|---|
Parking
| Parking Total | 16 |
|---|
Taxes
| Tax Annual Amount | 8595.48 |
|---|---|
| Tax Lot | 1 |
Area Information
| Province | BC |
|---|---|
| City | Lake Cowichan |
| Postal Code | V0R2G0 |
| Listing VS Median (in V0R2G0) | |
Price: $2,395,000 low | high Med: $656,950 sqft: 6,920 low | high Med: 1,730 $ / sqft: $346 low | high Med: $381 On site: 8 low | high Med: 59.5 | |
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Learn More About This Property
| Province | BC |
|---|---|
| City | Lake Cowichan |
| Postal Code | V0R2G0 |
| Listing VS Median (in V0R2G0) | |
Price: $2,395,000 low | high Med: $656,950 sqft: 6,920 low | high Med: 1,730 $ / sqft: $346 low | high Med: $381 On site: 8 low | high Med: 59.5 | |
