139 days on Market

161 South Shore Rd, Lake Cowichan, British Columbia V0R2G0

Detached
10
5
~3927 sqft
$997,000
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Detached
10
5
~3927 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$253/sqft

Est. Mortgage$4,282/mo

Tax Amount ()-

Days On Market139 days


Description

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. (id:39198)


Property Details

StyleHouse
View-
Age of property-
SqFt~3927 SqFt
Lot Size-
Parking Spaces5
MLS ®Number974186
Community NameLake Cowichan
Data SourceCREA
Listing bySutton Group-West Coast Realty (Dunc)

Features

Heating: Baseboard heaters

Second level Floor

Bedroom

9'11 x 12'2

Bedroom

10'0 x 10'7


Parking

Garage spaces 5

Garage type -

Other parking spaces 0

Total parking spaces 5


Property History

Aug 28, 2024
ListedActive
$997,000
139 days on market
history photo preview60
Listing by crea®
Property listed by Sutton Group-West Coast Realty (Dunc), Brokerage
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Population and Demographics

Overview

Total population 2428
Average household income $97,854

Age (%)

65 and plus
28%
50 to 64
24%
35 to 49
17%
0 to 19
17%
20 to 34
14%

Household composition (%)

Single family
64%
Single person
30%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
96%
Others
3%
French
2%

House tenancy (%)

Owners
86%
Renters
14%

Schools and amenities

Estimated Budget

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