161 South Shore Rd, Lake Cowichan, BC, V0R 2G0

$997,000

MLS® # 974186

House For Sale In Lake Cowichan, British Columbia

$997,000

  • 10

    Bedrooms

  • 5

    Baths

  • 6000.00 Square Feet

    Lot Size

Property Information:

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.

Property Features:

  • Bedrooms: 10
  • Bathrooms: 5
  • Annual Tax Amount: $4,357
  • Appliances: F/S/W/D
  • Basement: Finished, Not Full Height, Walk-Out Access, With Windows
  • Construction Materials: Frame Wood, Insulation: Ceiling, Insulation: Walls, Wood
  • Cooling: None
  • Exterior Features: Balcony/Deck, Balcony/Patio
  • Floor Space (approx): 3927 Square Feet
  • Flooring: Mixed
  • Foundation Details: Concrete Perimeter, Slab
  • Heating: Baseboard, Electric
  • Laundry Features: In Unit
  • Lot Features: Central Location, Corner Lot, Landscaped, Marina Nearby, Recreation Nearby, Shopping Nearby, Sidewalk
  • Lot Frontage: 6000 Square Feet
  • Lot Size: 6000.00 Square Feet
  • Ownership: Freehold
  • Parking Features: On Street, Open
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Resale
  • Property Sub Type:
  • Road Surface Type: Paved
  • Roof: Fibreglass Shingle, Metal
  • Water Source: Municipal
  • Window Features: Insulated Windows, Screens, Vinyl Frames
  • Zoning: C-1
  • Zoning Description: Commercial
  • Sewer:
  • No. of Parking Spaces: 5

Rooms:

  • Kitchen Other level :Lower 3.30 m x 3.68 m
  • Bathroom Other level :Other
  • Kitchen Other level :Other 2.90 m x 3.99 m
  • Bedroom Other level :Other 3.00 m x 3.30 m
  • Other Other level :Lower 3.20 m x 3.63 m Note: Dining/Living Combo
  • Bedroom 2nd Level 3.05 m x 3.23 m
  • Bedroom Main Level 2.90 m x 2.92 m
  • Laundry Main Level 1.96 m x 2.31 m
  • Other Other level :Lower 1.37 m x 2.31 m
  • Other Other level :Lower 3.35 m x 4.55 m Note: Dining/Living Combo

Courtesy of: Sutton Group-West Coast Realty (Dunc)

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

Additional Photos