161 South Shore Rd, Lake Cowichan

$997,000 |   MLS® Number  974186

House for sale in Lake Cowichan, Lake Cowichan, 161 South Shore Rd, 974186 | Realtylink.org

House for sale, 5 bathrooms

Style
Main Level Entry With Lower/Upper Lvl(s)
Floor Area
3,927 sqft
Lot Size
6,000 sqft
Gross Property Tax
$4,357.71 /year
Zoning
C-1
Amenities
Balcony/Deck, Balcony/Patio, Insulated Windows, Screens, Vinyl Frames, F/S/W/D
Additional Features
Central Location, Corner, Landscaped, Marina Nearby, Recreation Nearby, Shopping Nearby, Sidewalk
69

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.