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McDonald*
4200 Island Highway North
Nanaimo, BC
Canada V9T 1W6
Details
Address | 161 South Shore Rd |
Area | Duncan |
Sub Area | Lake Cowichan |
State/Province | British Columbia |
Country | Canada |
Price | $997,000 |
Property Type | Single Family |
Bedrooms | 10 |
Bathrooms | 5 |
Floor Space | 3880 Square Feet |
Lot Size | 6000.00 Square Feet |
Waterfront | No |
Year Built | 0 |
Taxes | $4,357 |
Tax Year | 2024 |
MLS® # | 974186 |
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.
Listed by Sutton Group West Coast Realty - Duncan
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