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575 Coronation Avenue, East Duncan Duncan

Price

$899,000

BedroomsNot listed

BathroomsNot listed

Size3330 sqft

Year BuiltNot listed

Property TypeCommercial

Property Taxes$8,275

Description

Open House July 26th 12:00 - 2:00 INVEST! LIVE! AND BECOME RICH! Rare mixed use opportunity in Duncan, a fast-growing community in the heart of the Cowichan Valley, conveniently located at the approximate midpoint between Victoria and Nanaimo. This versatile property features 4 units: one 3-bedroom residential unit, two well-appointed office units, and a commercial food prep area (grease trap installed). With flexible commercial zoning, ample onsite parking, and a prime location near the Trans-Canada Hwy and the core of Duncan, you'll find yourself surrounded by a variety of amenities and recreational opportunities. This property is ideal for owner-occupiers seeking a dynamic investment in a thriving area. All sizes are approximate; Buyer verify if important. Don't miss out on this unique opportunity. (id:39198)

Listed By

The listing brokerage and/or agent is Coldwell Banker Oceanside Real Estate

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Property Dimensions

The Property Location

Mortgage Calculator

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Total Monthly Payment

$3,920 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$719,200

Total Interest Payments

$443,431

Total Payment (Principal + Interest)

$1,162,631

Cashflow Calculator

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Monthly Cash Flow

$300 / month

Monthly Expenses

-$1,700

Monthly Income

$2,000

Your monthly cash flow is positive

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Meet Alex & Georgia

Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.

Locations We Serve

Cowichan Valley

Cowichan Valley

Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture

Westshore

Westshore

The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.

Victoria

Victoria

As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.

Oak Bay

Oak Bay

Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.

Saanich

Saanich

The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.

We can help you find your dream home