For Sale: 8033 Greendale Road, Lake Cowichan, BC - REW
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$2,395,000
0 bd • ba • sf • Multifamily
8033 Greendale Road
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$2,395,000
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8033 Greendale RoadLake Cowichan, BC, V0R 2G0

  • 0 Bed
  • Bath
  • Sqft
  • Multifamily

About this home

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.
Listed by: Brian Horwitz, Realocity Realty Inc.

Home facts and features

Price details
List Price
$2,395,000
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Gross Taxes for 2026
$8,595
Home facts
Bedrooms
0
Full Bathrooms
Parking Spaces
16
Property Type
Multifamily
Lot Size
2.11 acres
Title
Freehold
Exterior Finish
Stucco
Heating Type
Baseboard
Features
Corner, Easy Access
Agent details
Primary Agent
Primary Broker
Realocity Realty Inc.
Listing details
Days on REW
4 Days
Property Views
11
MLS® Number
1052039
Source
Victoria and Vancouver Island MLS
Board
Vancouver Island Real Estate Board
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25 Years
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Property Insights

Lake Cowichan School
  • Public
  • 4 - 12
  • In Catchment
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Call Agent
Brian Horwitz
Phone:
250-715-8527
Cell:
250-715-8527
Office:
250-220-4561
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