ATTENTION INVESTORS AND REALTORS® update as of Nov 1st, 2025. This property is now fully available again at a 6.82% Cap Rate! Prime location in a quiet and peaceful neighbourhood on a safe, private, no-through road with plenty of parking. 8 half duplexes, all ground level, fully updated, thoughtfully soundproofed, non-smoking and in excellent condition. All units have 3 bedrooms, 1 full bathroom, full-sized appliances, including in-suite laundry and individual storage sheds. Meticulously maintained, well managed and very low maintenance as all tenants are responsible to look after their designated portion of yard space, including grass cutting, leaf raking, and shovelling snow. Gentle sloping 2+ acre corner lot with great potential for future subdivision. Consistent 0% vacancy rate. Rent Roll available upon request. (id:60626)
| MLS® Number | 988715 |
| Property Type | Multi-family |
| Neigbourhood | Lake Cowichan |
| Features | Corner Site, Other |
| Plan | Vip5560 |
| View Type | Mountain View |
| Cooling Type | None |
| Heating Type | Baseboard Heaters |
| Size Exterior | 6920 Sqft |
| Type | Multi-family |
| Acreage | Yes |
| Size Irregular | 2.11 |
| Size Total | 2.11 Ac |
| Size Total Text | 2.11 Ac |
| Zoning Description | R-3 |
| Zoning Type | Unknown |
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