Rare opportunity to own 8 half duplexes in a remarkable park-like setting with all units now at market rents generating over $17,000 per month! All units have been fully updated, thoughtfully soundproofed, each with a 4 piece bathroom, full sized appliances including laundry, individual storage sheds, non-smoking and in excellent condition. The entire property is well maintained and managed with solid tenancy agreements in place. Prime location in a peaceful neighbourhood on a safe, private, no-through road and 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 a lovely 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. Live in one of the units while managing your investment or enjoy the rental income living off site.
8 days on market
Just Listed
Residential
8033 Greendale Rd, Lake Cowichan, BC
$2,395,000
24 Beds
8 Baths
6,920 sqft
Built 1955
