6% CAP RATE! LOW MAINTENANCE! TURNKEY READY! 8 Half duplexes, all ground level, fully updated, thoughtfully soundproofed, non-smoking and in excellent condition. Prime location in a quiet and peaceful neighbourhood on a safe, private, no-through road with plenty of parking. All units have 3 bedrooms, 1 full bathroom, full-sized appliances, including laundry and individual storage sheds. 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 offering a lovely 10 minute walk to town. 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. See attached information package for further details!
Address
8033 Greendale Rd
List Price
$2,595,000
Property Type
Commercial Sale
Type of Dwelling
Multi Family
Area
Duncan
Sub-Area
Du Lake Cowichan
Lot Size
91911 Sq. Ft.
Lot Size (Acres)
2.11 Ac.
MLS® Number
988715
Listing Brokerage
Realocity Realty Inc.
Postal Code
V0R 2G0
Tax Amount
$5,911.35
Tax Year
2024
Features
Baseboard, Laminate, Vinyl
Amenities
Corner Lot, Easy Access, Water Feature