24 Bed Other in Duncan

$2,395,000

8033 Greendale Rd
MLS® NO: 1052004

Description

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.

General

Property Type:Other
Title of Ownership:LOT 1, PLAN VIP5560, DISTRICT LOT 16, COWICHAN LAKE LAND DISTRICT, EXCEPT PLAN 12069
Layout:Duplex Side/Side
Taxes:$8,595
Tax Year:2026
Finished Sq. Ft.:6,920
Year Built:1955

Display Full Description

Interior Details

Bedroom(s): 24
Bathroom(s): 8
Basement Type: Crawl Space

Building Details

Foundation: Poured Concrete
Roof: Asphalt Shingle
Heat/Air: Baseboard

Site Influences

Lot SqFt: 91,912
Acres: 2.11
Water: Municipal
Waste: Septic System
Parking: Driveway

Strata Lot Information

Rental Restrictions: Unrestricted

Room Dimensions

Main Level

Bathroom4-Piece
Bathroom4-Piece
Bathroom4-Piece
Bathroom4-Piece
Bathroom4-Piece
Bathroom4-Piece
Bathroom4-Piece
Bathroom4-Piece
Bedroom7x12
Bedroom10x10
Bedroom13x10
Bedroom7x12
Bedroom10x10
Bedroom13x10
Bedroom7x12
Bedroom10x10
Bedroom13x10
Bedroom7x12
Bedroom10x10
Bedroom13x10
Bedroom7x12
Bedroom10x10
Bedroom13x10
Bedroom7x12
Bedroom10x10
Bedroom13x10
Bedroom7x12
Bedroom10x10
Bedroom13x10
Bedroom7x12
Bedroom10x10
Bedroom13x10
Dining Room7x5
Dining Room7x5
Dining Room7x5
Dining Room7x5
Dining Room7x5
Dining Room7x5
Dining Room7x5
Dining Room7x5
Kitchen7x8
Kitchen7x8
Kitchen7x8
Kitchen7x8
Kitchen7x8
Kitchen7x8
Kitchen7x8
Kitchen7x8
Living Room13x14
Living Room13x14
Living Room13x14
Living Room13x14
Living Room13x14
Living Room13x14
Living Room13x14
Living Room13x14

Property Details

Beds: 24
Baths: 8
Sq. Feet: 6,920
Year Built: 1955
Property Type: Other
Municipality: Duncan

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Listed with:

Brian Horwitz
Realocity Realty Inc.
Phone: 250-220-4561

NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.