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Lake Cowichan,BC V0R 2G0
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
Garage On Street,Open
Roof Type Fibreglass Shingle,Metal
Parking Type On Street,Open
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 Description Aquariums,Birds,Caged Mammals,Cats,Dogs