161 South Shore Rd | $997,000
Kane Ryan Agent Photo
Kane
Ryan*
C. (778) 223-5961
 P. (250) 384-8124
 Phone Kane
Pemberton Holmes - Cloverdale
150-805 Cloverdale Ave
 Victoria, BC
 Canada V8X 2S9

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.

Pemberton Holmes Ltd. has been in business serving the Vancouver Island area since 1887 helping people with their Real Estate needs. Much of Vancouver Island is now serviced with Homes For Sale in areas such as Victoria, Sidney, Saanich, Esquimalt, Colwood, View Royal, Oak Bay, Cordova Bay, Brentwood Bay, Saanichton, Langford, Metchosin, West Shore, Sooke, Mill Bay, Cobble Hill, Cowichan Bay, Shawnigan Lake, Duncan, Cowichan Valley, Chemainus, Crofton, Ladysmith, Lake Cowichan, Salt Spring Island, Nanaimo, Parksville, Courtenay, Comox, Bowser as well as Hornby Island.

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

 

I grew up in Victoria and then spent a decade travelling the world and viable businesses and a non-profit charity in India. I have now happily moved back home to this vibrant and growing city with my wife and beautiful baby girl.

 

My real estate career began in Vancouver working with residential condo developments and then specializing in commercial sales and leasing. Always operating with transparency and honesty, I've worked with landlords, building owners and tenants to negotiate long-lasting partnerships.

 

I have a passion for business and a love for real estate; This combination allows me to evaluate real estate from multiple view points with confidence, helping my clients to find their perfect home or next business venture.

 

I look forward to working with you.

 

O: 250-384-8124

C: 778-223-5961

E: kane@kaneryanrealty.com