8033 Greendale Rd
Du Lake Cowichan Lake Cowichan V0R 2G0

$2,950,000
Commercial Sale

Main Photo: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
Photo 1: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
Photo 2: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
Photo 3: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
Photo 4: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
Photo 5: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
Photo 6: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
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Photo 8: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
Photo 9: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
Photo 10: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
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Photo 16: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
Photo 17: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
Photo 18: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
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Photo 21: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
Photo 22: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
Photo 23: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
Photo 24: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
Photo 25: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
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Photo 31: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
Photo 32: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
Photo 33: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
Photo 34: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
Photo 35: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
Photo 36: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
Photo 37: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
Photo 38: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
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Photo 41: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
Photo 42: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
Photo 43: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
Photo 44: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
Photo 45: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
Photo 46: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
Photo 47: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
Photo 48: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
Photo 49: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
Photo 50: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
Photo 51: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
Photo 52: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
Photo 53: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
Photo 54: 8033 Greendale Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 960763
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
960763
Meticulously maintained multifamily rental income property among natural beauty offering private waterfront alongside the pristine salmon bearing Stanley Creek. Very quiet and peaceful with direct access to the Trans Canada Trail and only a five minute walk or 1 minute drive to town! All 8 units are ground level, have been completely updated, are well maintained, non-smoking and in great condition. Each 1/2 duplex has 3 bedrooms, 1 bathroom, full sized appliances, including laundry and an individual storage shed. Gentle sloping, 2+ acre corner lot with a safe, private, no-through road offering plenty of parking. Great tenants in place. 0% vacancy rate. Very low maintenance. Foreign buyer ban exempt. Great potential for future subdivision. Prime location!
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building
Lease Type:
See Remarks
Listing General Location:
Du Lake Cowichan, Duncan
Bathrooms:
- (Full:-/Half:-)
Taxes:
$5,911.35 / 2024
Building Features:
Shopping Nearby, Storage Room
Construction:
Stucco
New Construction:
No
Foundation:
Concrete Perimeter
Number of Storeys:
1
Floor finish:
Laminate, Vinyl
Total Building Area:
6,920 sq. ft.
Commercial Area:
Other
Water supply:
Municipal
Sewer:
Septic System
Cooling:
None
Heating:
Baseboard
Fireplace:
No
Real Estate
Water Feature
Mountain(s)
Main Level
0
Yes
No
Unrestricted
Assessed:
952000.0
Assessment year:
2024
Gross Income:
185148.0
Net Operating Income:
164257.0
Jurisdiction name:
Town of Lake Cowichan
Legal Description:
LOT 1, PLAN VIP5560, DISTRICT LOT 16, COWICHAN LAKE LAND DISTRICT, EXCEPT PLAN 12069
Zoning:
R-3
Occupancy:
Tenant
Property Condition:
Updated/Remodeled
Lot Site Features:
Corner Lot, Easy Access
Parking Features:
On Site
Business Type:
Accommodation
Total Units:
8
Date Listed:
Jun 13, 2024
Original Price:
2950000.0
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    Trans Canada Trail Steps from the Property
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    Stanley Creek
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    Stanley Creek
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    Unit 1
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    Unit 2
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Virtual Tour

Listed by Realocity Realty Inc.
Data was last updated July 24, 2024 at 08:05 PM (UTC)
Area Statistics
Listings on market:
48
Avg list price:
$1,312,500
Min list price:
$50,000
Max list price:
$15,000,000
Avg days on market:
128
Min days on market:
4
Max days on market:
586
These statistics are generated based on the current listing's property type and located in Duncan. Average values are derived using median calculations.
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.