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:51532)
Property Summary |
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Building |
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Land |
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Level | Rooms | Dimensions |
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Second level | Bedroom | 9'11 x 12'2 |
Bedroom | 10'0 x 10'7 | |
Lower level | Unfinished Room | 4'6 x 7'7 |
Bathroom | 4-Piece | |
Bedroom | 9'7 x 11'6 | |
Living room/Dining room | 10'6 x 11'11 | |
Kitchen | 10'10 x 12'1 | |
Bathroom | 4-Piece | |
Bedroom | 9'4 x 9'7 | |
Living room/Dining room | 11'0 x 14'11 | |
Kitchen | 6'7 x 14'5 | |
Main level | Laundry room | 6'5 x 7'7 |
Bathroom | 4-Piece | |
Bedroom | 9'6 x 10'5 | |
Bedroom | 9'6 x 9'7 | |
Primary Bedroom | 9'6 x 12'0 | |
Living room | 11'8 x 13'3 | |
Dining room | 9'9 x 10'6 | |
Kitchen | 10'9 x 13'5 | |
Other | Bathroom | 4-Piece |
Bedroom | 8'11 x 12'0 | |
Bedroom | 8'5 x 10'6 | |
Living room | 9'11 x 14'2 | |
Kitchen | 9'6 x 13'1 | |
Bathroom | 4-Piece | |
Bedroom | 9'10 x 10'10 | |
Living room | 11'0 x 12'4 | |
Kitchen | 10'2 x 15'1 |
Features | |||||
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Central location | Corner Site | Other | |||
Marine Oriented | Refrigerator | Stove | |||
Washer | Dryer | None |