8033 Greendale Rd, Lake Cowichan, British Columbia V0R 2G0

Listed for:
$2,395,000
0 beds
0 baths
Listed 32 days ago
Multi-Family for rent: 8033 Greendale Rd, Lake Cowichan, British Columbia V0R 2G0

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About

8 half duplexes, all ground level, each with 3 Bedrooms, separately metered, now all at market rents generating over $17,000 per month at a 7.13% CAP Rate. All units have been fully updated, thoughtfully soundproofed, each with a 4 piece bathroom, full sized appliances including laundry, individual storage sheds, non-smoking and in excellent condition. The entire property is well maintained and managed with solid tenancy agreements in place. Prime location in a peaceful neighbourhood on a safe, private, no-through road and only a 10 minute walk or 2 minute drive to town. Consistent 0% vacancy rate as residents enjoy so much natural beauty right from their doorsteps including direct access to a lovely creek and the Trans Canada Trail. Very low maintenance as all tenants are responsible to look after their designated portion of yard space, including grass cutting, leaf raking and snow removal. Gentle sloping 2+ acre corner lot. Plenty of parking. Potential for future subdivision. (id:27476)

Property Highlights

MLS® Number
1052039
Type
Multi-family
Ownership Type
Freehold
Land Size
2.11 ac
Parking Space Total
16

Building

Building Type
Multi-Family
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Building Cooling Type
None

Location

Learn more about this property
Listing provided by:
Realocity Realty Inc.
MLS® number:
1052039
Agent:
Brian Horwitz
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