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- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 978560
- Photos (53)
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Low Maintenance! Turnkey Ready! Cash Flow! Meticulously maintained multifamily rental income property boasting 8 half duplexes; all ground level, completely updated, thoughtfully soundproofed, 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 shovelling snow. Gentle sloping 2+ acre corner lot. Plenty of parking. Considerable rental income in place!
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building, Land
- Lease Type:
- See Remarks
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Listing General Location:
- Du Lake Cowichan, Duncan
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 2.11 acre(s)
- Taxes:
- Signup
- Building Features:
- Shopping Nearby, Storage Room
- Construction:
- Stucco
- New Construction:
- No
- Foundation:
- Concrete Perimeter
- Number of Storeys:
- 1
- Ceiling Heights:
- Signup
- Floor finish:
- Laminate, Vinyl
- Total Building Area:
- 6,920 sq. ft.
- Commercial Area:
- Signup
- Water supply:
- Municipal
- Sewer:
- Septic System
- Cooling:
- None
- Heating:
- Baseboard
- Fireplace:
- No
- Pending Date:
- Signup
- Real Estate
- Water Feature
- Mountain(s)
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Lot Site Features:
- Corner Lot, Easy Access
- Parking Features:
- On Site
- Total Units:
- Signup
- Date Listed:
- Oct 28, 2024
- Original Price:
- 2595000.0
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Direct access to the Trans Canada Trail
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Stanley Creek
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Unit #1
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Unit #2
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Virtual Tour
Listed by Realocity Realty Inc.
Data was last updated January 4, 2025 at 10:05 PM (UTC)
Area Statistics
- Listings on market:
- 48
- Avg list price:
- $1,624,950
- Min list price:
- $129,000
- Max list price:
- $14,800,000
- Avg days on market:
- 91
- Min days on market:
- 26
- Max days on market:
- 530
These statistics are generated based on the current listing's property type
and located in
Duncan. Average values are
derived using median calculations.
- JEFF MEYER
- eXp Realty Canada
- 1.250.885.2047
- Info@VIREG.ca
