161 South Shore Rd | $997,000
Peter Allan Agent Photo
Peter
Allan
C. (250) 221-0214
 P. (250) 537-5553
 Phone Peter peterallan.ca
Pemberton Holmes - Salt Spring
1101-115 Fulford-ganges Rd
 Salt Spring Island, BC
 Canada V8K 2T9

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

Peter has always been a believer in the life-enhancing aspects of property ownership. He embraces this, not just in terms of its role in creating financial security and a legacy for our children, but in the grounding and transformational aspects of owning one’s home and having a family nest to feather. This long-standing belief and almost 40 years of experience investing in real estate, has inspired Peter to join his colleagues at Pemberton Holmes in connecting people to place. Your place. 
As Peter says, “home is a shelter for dreams.”

Peter lives on Salt Spring Island where he is raising two teenagers with his wife Lynda. For many years Peter co-owned and operated Salt Spring Kayak and Cycle. Peter is grateful to have made Salt Spring Island his home for more than 35 years. He is past president of the Chamber of Commerce and founding Director of the Salt Spring Institute for Sustainability, Education and Action. With a degree in Art History he is a practicing artist and the past president of the Salt Spring Gallery. He looks forward to engaging with you in the art of the possible when it comes to your real estate hopes and dreams.

Testimonial:
"I want to take this opportunity to express my admiration for, trust in, and appreciation of Peter Allan. My situation was unique dealing with my parents both 94 years of age. Peter is a true professional and a genuinely down-to-earth nice guy. To be compassionate is not just to tell someone that you care, but also to show them that you care by being there before they even are asked, and Peter did just that. I think you'd be hard-pressed to find a better Realtor. Peter thank you!" Neil M.