Multi-family for sale

1 - 6 68 Stanley Rd, Lake Cowichan

$997,000 or
$997,000 or

Multi-family for sale

1 - 6 68 Stanley Rd, Lake Cowichan

Features

Lifestyle
966083 997000 /en/multi-family~for-sale~lake-cowichan/966083?view=Summary /en/multi-family~for-sale~lake-cowichan/966083/photos 48.8264000000 -124.0505800000 true
Year Built
1950
Floor Area
4,093 sqft
Lot Size
6,534 sqft
Gross Property Tax
$4,315 /year
Zoning
R7
Amenities
Balcony/Deck, Low Maintenance Yard, Sign: Allowed, Basement, Laundry Room, Parking, Shopping Nearby, Transit Nearby, Visual Exposure
View
River
Additional Features
Central Location, Corner, Easy Access, Level, Park Setting, Recreation Nearby, Serviced, Shopping Nearby
Total no. of Units
6
72

Description

You won’t want to miss this amazing investment opportunity to get into the Real Estate market. This 6-plex can give you income as well as a way of life. It’s almost like having 6 ground floor suites the way the building sits in its environment. Most have large balconies and the location in the heart of town could not be better. You can walk to everything including the bank, drugstore, hardware, lab, grocery, physio, Notary, liquor, restaurants and more. Plus, the deepest swimming hole Cowichan River has to offer is around 100 ft away. The current tenants are wonderful and take great care of their spaces, and thanks to the seller's diligent maintenance efforts, there is little that needs doing. The interior has been thoroughly renovated to meet modern standards. All units have their own electrical and hot water tanks. There is a good, shared laundry area as well as a large storage area. Lake Cowichan is the gateway to the West Coast so maybe this Boutique Hotel is in your destiny! Call Sandy to explore the many opportunities this offering affords!
MLS® Number 966083

Listing REALTOR®

Sandy Stinson, REALTOR<sup>®</sup>

Sandy Stinson

REALTOR®

RE/MAX Generation (LC)

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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