161 South Shore Rd | $997,000
Ian Lindsay Agent Photo
Ian
Lindsay*
P. (250) 751-1223
 Phone Ian
RE/MAX OF NANAIMO
#1 - 5140 Metral Drive
 Nanaimo, BC
 Canada V9T 2K8

Details

%
Years (35 year max)
Years



Address 161 South Shore Rd
AreaDuncan
Sub AreaLake Cowichan
State/ProvinceBritish Columbia
CountryCanada
Price$997,000
Property TypeSingle Family
Bedrooms10
Bathrooms5
Floor Space3880 Square Feet
Lot Size6000.00 Square Feet
WaterfrontNo
Year Built0
Taxes $4,357
Tax Year2024
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

NOTE: VIREB IDX Reciprocity listings are displayed inaccordance with VIREB's broker reciprocity Agreement and are copyright © the Vancouver Island Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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About

Ian Lindsay…Profile of Success

Over the past 37 years Ian Lindsay has gained a reputation within Oceanside as both a community and business leader. From major community fundraising and charitable initiatives to his successful marketing of award winning projects, residential, rural and recreational real estate as well as commercial and investment; he is involved throughout the district.

 

Ian has been recognised by the industry for outstanding achievement and by his community service organisations for his contribution to the community.  

  • Past president of two local Rotary Clubs
  • An accomplished community fundraiser
  • Provides strategic consulting analysis for charitable organizations.
  • 2002 Citizen of the Year for Qualicum Beach
  • 2007 REALTOR® of the Year CARE® Award (VIREB)
  • 2016 Citizen of the Year for Qualicum Beach
  • Past Chair Commercial Division of Vancouver Island Real Estate Board

Designations

  • Fellow of the Real Estate Institute of Canada F.R.I. (R.E.I.C.)
  • Certified Real Estate Specialist C.R.E.S.   (R.E.I.C)
  • Accredited Member Real Estate Institute of British Columbia R.E.I. (BC)
  • Accredited Commercial Professional ( ACP)