8033 Greendale Rd Lake Cowichan, Lake Cowichan, British Columbia, CA

Address: 8033 Greendale Rd, Lake Cowichan, British Columbia

0 Beds0 Baths0 sqftStatus: Buy
Price $2,950,000

Property Overview


Meticulously maintained, MULTIFAMILY RENTAL INCOME PROPERTY ripe for the savvy investor ready to embrace a winning combination of considerable income, natural beauty and convenience. Projected CAP RATE of 5.6%. All units have 3 bedrooms & 1 full bathroom; all completely updated, well maintained, non smoking, in great condition with full sized appliances, including laundry and individual storage sheds. All with crawl spaces for easy access. Gentle sloping, 2+ acre corner lot with a safe, private, no-through road offering plenty of parking. Prime location with a 0% vacancy rate. Great tenants in place. Very low maintenance. Direct access to the Trans Canada Trail. Private waterfront along the pristine salmon bearing Stanley Creek. Very quiet and peaceful. Only a 1 minute drive to town! Within the Urban Containment Boundary, there are two prime buildable sites for additional multifamily units on either end of the property speaking to great potential for future development or subdivision. Be sure to click the ''Multimedia'' tab below to access further details including links to the virtual tours! (id:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Multi-Family
Title
Freehold
Neighbourhood Name
Lake Cowichan
Building
Building Features
Features
Corner Site, Other
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters
Maintenance or Condo Information
Maintenance Management Company
The Owners
Land
Other Property Information
Zoning Description
R-3
Features
           Corner Site            Other            None
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Your Home Finance Calculation

Property Price CA $2,950,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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