6% CAP RATE! LOW MAINTENANCE! TURNKEY READY! 8 Half duplexes, all ground level, fully updated, thoughtfully soundproofed, non-smoking and in excellent condition. Prime location in a quiet and peaceful neighbourhood on a safe, private, no-through road with plenty of parking. All units have 3 bedrooms, 1 full bathroom, full-sized appliances, including laundry and individual storage sheds. Consistent 0% vacancy rate as residents enjoy so much natural beauty right from their doorsteps, including private waterfront alongside the pristine Stanley Creek, as well direct access to the Trans Canada Trail offering a lovely 10 minute walk to town. Meticulously maintained, well managed and very low maintenance as all tenants are responsible to look after their designated portion of yard space, including grass cutting, leaf raking, and shovelling snow. Gentle sloping 2+ acre corner lot with great potential for future subdivision. See attached info pack for further details! (id:13843)
MLS # | 988715 |
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Listing Type | For Sale |
Style | Town House |
Status | Active |
Days On Site | 140 |
Listing Provided By | Realocity Realty Inc. | Brian Horwitz |
SQ Feet | 6,920 |
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Units | 8 |
Zoning | Unknown |
Acreage | 2.11 |
Property View | Mountain view |
Property | 1368 |
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Province | BC |
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City | Lake Cowichan |
Postal Code | V0R2G0 |
Listing VS Median (in V0R2G0) | |
Price: $2,595,000 low | high Med: $729,000 SqFt: 6,920 low | high Med: 1,687 $ / SqFt: $375 low | high Med: $432 On site: 140 low | high Med: 78.000000 |