161 South Shore Rd, LAKE COWICHAN

2024-08-28
 

Quick Summary

Location
161 South Shore Rd, LAKE COWICHAN, British Columbia V0R2G0
Price
$997,000 CAD
Status:
For Sale
Property Type:
Single Family
Area:
3927ft2
Bedrooms:
10
Bathrooms:
5
Photo Link:
Video Link:

MLS®#974186

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. (id:32467)

Property Features

Building

  • Appliances: Refrigerator, Stove, Washer, Dryer
  • Cooling Type: None
  • Fireplace: No
  • Interior Size: 3927 sqft
  • Building Type: House

Features

  • Feature: Central location, Corner Site, Other, Marine Oriented

Land

  • Land Size: 6000 sqft

Ownership

  • Type: Freehold

Zoning

  • Description: C-1

Information entered by Sutton Group-West Coast Realty (Dunc)
Listing information last updated on: 2024-08-28 13:02:20


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$500,000

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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.

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Per Dahlstrom REALTOR®

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