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575 Coronation Avenue, East Duncan Duncan

Price

$899,000

Bedrooms3 Beds

Bathrooms4 Baths

Size3330 sqft

Year Built1956

Property TypeDetached Home

Property Taxes$8,275

Description

Open House July 26th 12:00 - 2:00 INVEST! LIVE! AND BECOME RICH!. 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

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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