





575 Coronation Avenue, East Duncan Duncan
Price
$925,000
Bedrooms3 Beds
Bathrooms4 Baths
Size3330 sqft
Year Built1956
Property TypeDetached Home
Property Taxes$8,275
Description
Unique Opportunity with Mortgage-Helping Income in Duncan. Discover a rare investment in the heart of Duncan, a vibrant and rapidly growing community in the Cowichan Valley, ideally situated between Victoria and Nanaimo. This versatile property offers a smart way to build equity while tenants help cover your mortgage. Featuring four distinct units, this property includes: A spacious 3-bedroom residential unit, perfect for owner-occupiers or tenants - Two professional office units, ideal for businesses seeking a prime location - A commercial food prep area ready for culinary ventures. With flexible commercial zoning, generous onsite parking, and a prime location near the. TC Highway and Duncan’s bustling core, this property is surrounded by shops, dining, and recreational amenities. Perfect for savvy investors or owner-occupiers looking to capitalize on Duncan’s thriving market. All measurements are approximate; buyers to verify if important. Don’t miss this 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
Total Monthly Payment
$4,013 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$740,000
Total Interest Payments
$456,256
Total Payment (Principal + Interest)
$1,196,256
Cashflow Calculator
Monthly Cash Flow
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive

Comber Friesen Group
Realtors

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
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
Westshore
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
Victoria
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Oak Bay
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
Saanich
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.