8033 Greendale Rd, Lake Cowichan, BC, V0R 2G0

MLS® # 978560

Investment For Sale In Lake Cowichan, British Columbia

$2,595,000

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8033 Greendale Rd, Lake Cowichan, BC - Outdoor With Body Of Water With View

8033 Greendale Rd, Lake Cowichan, BC - Outdoor

8033 Greendale Rd, Lake Cowichan, BC - Outdoor With View

8033 Greendale Rd, Lake Cowichan, BC - Other

8033 Greendale Rd, Lake Cowichan, BC - Indoor

8033 Greendale Rd, Lake Cowichan, BC - Indoor Photo Showing Kitchen With Double Sink

8033 Greendale Rd, Lake Cowichan, BC - Indoor Photo Showing Kitchen

8033 Greendale Rd, Lake Cowichan, BC - Indoor Photo Showing Bedroom

8033 Greendale Rd, Lake Cowichan, BC - Indoor Photo Showing Other Room

8033 Greendale Rd, Lake Cowichan, BC - Indoor Photo Showing Laundry Room

8033 Greendale Rd, Lake Cowichan, BC - Indoor Photo Showing Bathroom

8033 Greendale Rd, Lake Cowichan, BC - Outdoor With Backyard

8033 Greendale Rd, Lake Cowichan, BC - Indoor Photo Showing Living Room

8033 Greendale Rd, Lake Cowichan, BC - Indoor Photo Showing Office

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8033 Greendale Rd, Lake Cowichan, BC, V0R 2G0

$2,595,000

Property Information:

Attention Investors! Cash Flow! Low Maintenance! Turnkey Ready! Meticulously maintained multifamily rental income property boasting 8 half duplexes; all ground level, completely updated, non-smoking and in excellent condition! All units have 3 bedrooms, 1 bathroom, full sized appliances, including laundry and individual storage sheds. Prime location in a quiet and peaceful neighbourhood on a safe, private, no-through road. 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 private waterfront alongside the pristine Stanley Creek as well direct access to 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 shoveling snow. Gentle sloping 2+ acre corner lot. Plenty of parking. Considerable rental income in place with great tenants! Potential for future subdivision.

Inclusions: Real Estate

Property Features:

Annual Tax Amount: $5,911
Building Features: Shopping Nearby, Storage Room
Construction Materials: Stucco
Cooling: None
Exterior Features: Water Feature
Floor Space (approx): 6920 Square Feet
Flooring: Laminate, Vinyl
Foundation Details: Concrete Perimeter
Heating: Baseboard
Inclusions: Real Estate
Lot Features: Corner Lot, Easy Access
Lot Frontage: 91911 Square Feet
Lot Size: 2.11 Acres
Ownership: Freehold
Parking Features: On Site
Property Condition: Updated/Remodeled
Property Sub Type: Multi Family
View: Mountain(s)
Water Source: Municipal
Zoning: R-3
Sewer:

Courtesy of: Realocity Realty Inc.

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.

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Market Price Trends

Location of 8033 Greendale Rd, Lake Cowichan, BC, V0R 2G0

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

19 hot days expected in 2050

Projected Precipitation Risk: High

14 storms expected in 2050

Projected Heat Risk: Moderate-Low

19 hot days expected in 2050

24/100

Moderate-Low

ClimateCheck®

Current data

This property, 8033 Greendale Rd , experiences 7 hot days per year at around 28.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 19 hot days at 30.9 degrees Celsius.

Projected Avg. Temperature

Past

28.1℃

2050

30.9℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

14 storms expected in 2050

98/100

High

ClimateCheck®

Current data

This property, 8033 Greendale Rd , experiences 12 significant 2-day storms per year, with about 821.8mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 944.1mm of precipitation per year.

Precipitation Per Storm

Past

821.8mm

2050

944.1mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 8033 Greendale Rd, Lake Cowichan, BC, V0R 2G0

Life Stage

Families with Tweens

Employment Type

Mixed

Average Household Income

$91,002.09

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.87 %

High school certificate or equivalent

36.38 %

Apprenticeship trade certificate/diploma

9.99 %

College/non-university certificate

26.79 %

University Degree

9.97 %

Commuter

Travel To Work

By Car

85.42 %

By Public Transit

0.0 %

By Walking

11.05 %

By Bicycle

0.0 %

By Other Methods

3.53 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

8.22 %

Houses

91.78 %

Own Vs. Rent

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Property Information:

Property Features:

Market Price Trends

Location of 8033 Greendale Rd, Lake Cowichan, BC, V0R 2G0

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 8033 Greendale Rd, Lake Cowichan, BC, V0R 2G0

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

8033 Greendale Rd, Lake Cowichan, BC, V0R 2G0

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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