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Nelson
2000 Oak Bay Ave
Victoria, BC
Canada V8R 1E4
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.
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
YOUR TRUSTED VICTORIA REAL ESTATE PROFESSIONAL
Are you shopping for your first home? Dreaming of a cottage where you can get away from it all? Seeking a safe home for your college-bound kids? Hunting for an investment property to build out your retirement portfolio?
Or maybe you are looking to sell and head off on a new adventure and want to know you have an agent who goes over and above to make your journey as stress-free as possible, while maximizing your sale price!
Born and raised on this incredible west coast, I remain in endless awe of this spectacular place we call home, and would be delighted to help you find that perfect-for-you place that makes your eyes sparkle, and your heart sing.
I am committed to listening to my clients, focusing on their needs and using my keen negotiating skills to ensure a successful transaction. My intimate knowledge of the Victoria area, coupled with my extensive life-experience across Vancouver Island, give me both the enthusiasm and desire to make my home, your home.