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Rodney Henderson

rodney.henderson@evrealestate.com +1(250) 858-1437

$ 997,000

Est. payment -/mo

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161 South Shore Rd Lake Cowichan, BC V0R 2G0

10 Beds

5 Baths

3,880 SqFt

UPDATED:

10/15/2024 07:15 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,880 sqft

Price per Sqft $256

MLS Listing ID 974186

Style Main Level Entry with Lower/Upper Lvl(s)

Bedrooms 10

Rental Info Unrestricted

Annual Tax Amount $4,357

Tax Year 2024

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 50'x120'

Property Description

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.

Location

Province BC

County Lake Cowichan, Town Of

Area Duncan

Zoning C-1

Rooms

Basement Finished, Not Full Height, Walk-Out Access, With Windows

Main Level Bedrooms 3

Kitchen 5

Interior

Heating Baseboard, Electric

Cooling None

Flooring Mixed

Window Features Insulated Windows,Screens,Vinyl Frames

Appliance F/S/W/D

Heat Source Baseboard, Electric

Laundry In Unit

Exterior

Exterior Feature Balcony/Deck, Balcony/Patio

Parking Features On Street, Open

Roof Type Fibreglass Shingle,Metal

Total Parking Spaces 5

Building

Lot Description Central Location, Corner, Landscaped, Marina Nearby, Recreation Nearby, Shopping Nearby, Sidewalk

Faces East

Foundation Poured Concrete, Slab

Sewer Sewer Connected

Water Municipal

Additional Building Exists

Structure Type Frame Wood,Insulation: Ceiling,Insulation: Walls,Wood

Others

Pets Allowed Yes

Restrictions None

Tax ID 000-027-693

Ownership Freehold

Acceptable Financing Clear Title

Listing Terms Clear Title

Pets Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs

Listed by Sutton Group-West Coast Realty (Dunc)

Rodney Henderson

Personal Real Estate Corporation | License ID: 4186

+1(250) 858-1437

Rodney Henderson

161 South Shore Rd Lake Cowichan, BC V0R 2G0

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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161 South Shore Rd