RSS

New property listed in Du Lake Cowichan, Duncan

I have listed a new property at 8045-8056 Greendale Rd in Lake Cowichan. See details here

MULTI-DWELLING! SOUTH-FACING RIVERFRONT! 4.35 ACRES! PRIME LOCATION! Feel so removed while being so close to all the amenities on this spectacular riverfront acreage boasting a gorgeous Main House with a Suite, a Full Duplex AND a Cottage, all bordered by the majestic Cowichan River AND the pristine salmon bearing Stanley Creek. All 5 units are one level, smoke free, metered separately, each with laundry, have been fully updated and in great condition! The Main House has been recently and immaculately renovated, both inside and out with quality finishings and brand new appliances and yet to be lived in since the improvements! There's a functional workshop, a large convenient circular driveway with an abundance of parking and plenty of room for RV’s and boats. Considerable rental income in place with great tenants, all month-to-month. Perfect for multi-family living and/or an investment property. Magnificent wildlife, steps to the Trans Canada Trail and only a 1 minute drive to town!

Read

New property listed in Du Lake Cowichan, Duncan

I have listed a new property at 8033 Greendale Rd in Lake Cowichan. See details here

Meticulously maintained, MULTIFAMILY RENTAL INCOME PROPERTY ripe for the savvy investor ready to embrace a winning combination of considerable income, natural beauty and convenience. Projected CAP RATE of 5.6%. All units have 3 bedrooms & 1 full bathroom; all completely updated, well maintained, non smoking, in great condition with full sized appliances, including laundry and individual storage sheds. All with crawl spaces for easy access. Gentle sloping, 2+ acre corner lot with a safe, private, no-through road offering plenty of parking. Prime location with a 0% vacancy rate. Great tenants in place. Very low maintenance. Direct access to the Trans Canada Trail. Private waterfront along the pristine salmon bearing Stanley Creek. Very quiet and peaceful. Only a 1 minute drive to town! Within the Urban Containment Boundary, there are two prime buildable sites for additional multifamily units on either end of the property speaking to great potential for future development or subdivision.

Read
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.