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Randall Mang

randall.mang@engelvoelkers.com +1(604) 817-6204

$ 997,000

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161 South Shore Rd Lake Cowichan, BC V0R 2G0

10 Beds

5 Baths

3,880 SqFt

UPDATED:

10/15/2024 07:15 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,880 sqft

Price per Sqft $256

MLS Listing ID 974186

Style Main Level Entry with Lower/Upper Lvl(s)

Bedrooms 10

Rental Info Unrestricted

Annual Tax Amount $4,357

Tax Year 2024

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 50'x120'

Property 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.

Location

Province BC

County Lake Cowichan, Town Of

Area Du Lake Cowichan

Zoning C-1

Direction East

Rooms

Basement Finished, Not Full Height, Walk-Out Access, With Windows

Main Level Bedrooms 3

Kitchen 5

Interior

Heating Baseboard, Electric

Cooling None

Flooring Mixed

Window Features Insulated Windows,Screens,Vinyl Frames

Appliance F/S/W/D

Laundry In Unit

Exterior

Exterior Feature Balcony/Deck, Balcony/Patio

Roof Type Fibreglass Shingle,Metal

Total Parking Spaces 5

Building

Lot Description Central Location, Corner, Landscaped, Marina Nearby, Recreation Nearby, Shopping Nearby, Sidewalk

Building Description Frame Wood,Insulation: Ceiling,Insulation: Walls,Wood, Main Level Entry with Lower/Upper Lvl(s)

Faces East

Foundation Poured Concrete, Slab

Sewer Sewer Connected

Water Municipal

Additional Building Exists

Structure Type Frame Wood,Insulation: Ceiling,Insulation: Walls,Wood

Others

Restrictions None

Tax ID 000-027-693

Ownership Freehold

Acceptable Financing Clear Title

Listing Terms Clear Title

Pets Description Aquariums, Birds, Caged Mammals, Cats, Dogs

Listed by Sutton Group-West Coast Realty (Dunc)

Randall Mang

+1(604) 817-6204

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