8033 Greendale Rd, Lake Cowichan

$2,395,000

MLS® 1052039

8033 Greendale Rd, Lake Cowichan - Image 1

8 half duplexes, all ground level, each with 3 Bedrooms, separately metered, now all at market rents generating over $17,000 per month at a 7.14% CAP Rate. 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 direct access to a lovely creek and 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 snow removal. Gentle sloping 2+ acre corner lot. Plenty of parking. Potential for future subdivision. (id:44056)

    Property Details
    Full Address:8033 Greendale Rd, Lake Cowichan, British Columbia
Price:$ 2,395,000
MLS Number:1052039
List Date:October 13th, 2026
Building Size:6920 sq.ft.
Lot Size:2.11 ac
Taxes:$ 8,595

    Interior Features
    Air Conditioning:None
Heating:Baseboard heaters

    Building Features
    Building Size:6920 sq.ft.
Zoning:Unknown
Zoning Detail:R-3
Garage Spaces:16
Ownership Type:Freehold
Taxes:$ 8,595

    Floors
    

    Land
    View:Mountain view
Lot Size:2.11 ac
Lot Features:Corner Site, Other

    Neighbourhood Features
    

    Ratings
    

    Commercial Info
    

Neighbourhood Details

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Brian Horwitz Realocity Realty Inc.

250-715-8527

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Listing Agent(s)

Lead Agent: Brian Horwitz
Office: Realocity Realty Inc.
Originating Board: Vancouver Island Real Estate Board

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MLS® 1052039