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6552 North Road, West Duncan Duncan

Price

$6,950,000

BedroomsNot listed

BathroomsNot listed

SizeNot listed

Year BuiltNot listed

Property TypeCommercial

Property Taxes$20,473.8

Description

Presenting the offering of Canada's premier Pinot Noir winery. Highly acclaimed Averill Creek Vineyards offers a turnkey winery operation amidst breathtaking North Cowichan scenery. The winery's state of the art building was designed by Architect Vasko Pavlov with a unique gravity flow design. Perched above the vineyards, the stunning building blends seamlessly into the riparian landscape. This reputable winery business includes a 45 acre property within 24 acres of planted vineyard, and the 8,300 sq ft production building/tasting room. Located within the Sonomos region of the Cowichan Valley Geographical Indication, Averill Creek is known for its exceptional quality, minimal intervention wines. Their wine is served at Vancouver's Michelin star restaurants and notable establishments throughout the province. Their wine line up ranges from their popular ''Joue'' table wine collection to their trademarked Charme de l'ile sparkling wine to their premium reserve Pinot Noir. Averill Creek's winemaking approach is one of pragmatism. Being in a cool climate, they aim to demonstrate the inherent elegance, texture, perfume and refreshing quality of their wines. They often employ techniques such as foot stomping, skin contact, whole bunch fermentation, pigeage, and less aging to enhance these characteristics. The winery is situated in Canada's only Maritime-Mediterranean climate. Averill Creek Vineyards offers a wine enthusiast and aspiring entrepreneur the opportunity to own a notable winery in this exceptional and increasingly recognized wine region. (id:39198)

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Listed By

The listing brokerage and/or agent is Sotheby's International Realty Canada

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

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Total Monthly Payment

$26,674 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$5,560,000

Total Interest Payments

$3,428,079

Total Payment (Principal + Interest)

$8,988,079


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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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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.

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The listing data displayed is deemed reliable but is not guaranteed accurate by CREA®. The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association. Review our MLS® Data Disclosure if you have any further questions