161 South Shore Rd | $997,000
Paul Cooper & Ellie Matheson Victoria Homes Team Agent Photo
Paul Cooper & Ellie Matheson
Victoria Homes Team
Pemberton Holmes - Oak Bay
2000 Oak Bay Ave
Victoria, BC
Canada V8R 1E4

Details

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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 was born in Victoria. My dad was a builder. I grew up on construction sites and became extremely interested in the process, the  planning, building & marketing  of properties.

One of my first job was at the local gas station. Actually it was a service station. We did car repairs and sold gas but our emphasis was on "service".

After high school, with a business partner, we purchased that service station and ran it for 29 years until we decided to sell. 

That was in 2014

I decided then that it was time to take on a new challenge - Real Estate. 

I had already built and renovated houses in my spare time and purchased land that I rezoned and subdivided. What I learned was immense. 

My years of customer service and problem solving in my own business has prepared me and given me the experience I need to take care of people and their real estate needs. 

I am not a stranger to real estate and no stranger to the needs of people.

Please allow us to be your Real Estate "go to" people.

We will do our absolute best to help you meet your goals. We know that communication is a primary factor in success. 

Reach out to us. Let's talk about your plans.

Paul Cooper & Ellie Matheson
Pemberton Holmes Realty
Victoria BC