8631 South Shore Road Unit 6, Lake Cowichan Lake Cowichan
Price
$365,000
Bedrooms1 Beds
Bathrooms1 Baths
Size674 sqft
Year Built2000
Property TypeCondo/Townhouse
Property Taxes$33,485.82
Unit Number6
Maintenance Fees$341/month
Description
Welcome to Beaver Lake Resort, a tranquil lakeside sanctuary at 6-8631 South Shore Road. This beautifully renovated one-room cabin blends modern convenience with rustic charm, making it the perfect getaway. Inside, you'll find a cozy living area, a fully equipped kitchen with a stove, a stylish three-piece bathroom, and a delightful nook featuring a loft bed suitable for an adult, along with a full-size bed that can comfortably fit two adults. Under current ownership, this cabin has generated approximately $15,000 in yearly revenue through Airbnb, helping to cover costs. Step outside onto the covered deck, where breathtaking views of Beaver Lake provide a serene backdrop for morning coffee or evening gatherings. This family-friendly resort offers a swim beach, a boat launch, and scenic trails for outdoor exploration. Legally zoned for short-term rentals, it’s an excellent investment opportunity while still allowing personal enjoyment. Experience nature with fishing, wildlife sightings, and the historical charm of this original cabin from the cedar shake mill, relocated in 1990. Don’t miss this chance to own a piece of paradise, schedule your viewing today! (id:39198)
Listed By
The listing brokerage and/or agent is RE/MAX Generation - The Neal Estate Group
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
$4,443 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$292,000
Total Interest Payments
$180,036
Total Payment (Principal + Interest)
$472,036
Cashflow Calculator
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Monthly Cash Flow
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
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Comber Friesen Group
Realtors
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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
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.