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$2,565,000
Est. payment /mo
2.11 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 988715
Rental Info Unrestricted
Annual Tax Amount $5,911
Tax Year 2024
Lot Size 2.110 Acres
Acres 2.11
Property Sub-Type Multi Family
Property Description
ATTENTION INVESTORS AND REALTORS® update as of Nov 1st, 2025. This property is now fully available again at a 6.82% Cap Rate! Prime location in a quiet and peaceful neighbourhood on a safe, private, no-through road with plenty of parking. 8 half duplexes, all ground level, fully updated, thoughtfully soundproofed, non-smoking and in excellent condition. All units have 3 bedrooms, 1 full bathroom, full-sized appliances, including in-suite laundry and individual storage sheds. 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. Consistent 0% vacancy rate. Rent Roll available upon request.
Location
Province BC
County Lake Cowichan, Town Of
Area Du Lake Cowichan
Zoning R-3
Interior
Heating Baseboard
Cooling None
Flooring Laminate, Vinyl
Inclusions Real Estate
Exterior
Exterior Feature Water Feature
Parking On Site 1
View Y/N Yes
View Mountain(s)
Building
Lot Description Corner, Easy Access
Story 1
Foundation Poured Concrete
Sewer Septic System
Water Municipal
Structure Type Stucco
Others
Tax ID 000-897-761
Ownership Freehold
Virtual Tour https://drive.google.com/file/d/18tkmTa4GUy1hYizMe8mpI7MCGXHyiZqN/view?usp=sharing
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Listed by Realocity Realty Inc.





