Rare opportunity to own 8 half duplexes in a remarkable park-like setting with all units now at market rents generating over $17,000 per month! 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 private waterfront alongside a lovely creek, as well direct access to 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. Live in one of the units while managing your investment or enjoy the significant rental income while living off site.
Address
8033 Greendale Rd
List Price
$2,395,000
Property Type
Residential
Type of Dwelling
Other
Transaction Type
Sale
Area
Duncan
Sub-Area
Du Lake Cowichan
Bedrooms
24
Bathrooms
8
Floor Area
6,920 Sq. Ft.
Lot Size
91911.6 Sq. Ft.
Lot Size (Acres)
2.11 Ac.
Year Built
1955
MLS® Number
1052004
Listing Brokerage
Realocity Realty Inc.
Basement Area
Crawl Space
Postal Code
V0R 2G0
Tax Amount
$8,595.48
Tax Year
2026
Features
Baseboard