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$2,565,000

Est. payment - /mo

2.11 Acres Lot

Active

8033 Greendale Rd Lake Cowichan, BC V0R 2G0

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Kyle Kerr PREC

kyle@initiumre.com +1(250) 818-5595

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

Listed by Realocity Realty Inc.

I have bought a house with Kyle Kerr as my realtor and it was a smooth professional experience. I specifically like working with a realtor like him who responds fast and communicates clearly to any questions I have promptly. He was also my realtor for the sale of my condo recently and the photographer was great and I had wonderful pictures. It sold above listing price within a day and his staff were also in contact to assist in this transaction

+1(250) 818-5595

info@initiumre.com

505 Dalton St, Victoria, V9A, 4B1