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69 Cowichan Avenue, Lake Cowichan Lake Cowichan

Price

$649,000

Bedrooms3 Beds

Bathrooms3 Baths

Size2531 sqft

Year Built1967

Property TypeDetached Home

Property Taxes$3,709

Description

This up-and-down duplex offers an excellent income-producing opportunity in a convenient location close to town, schools, and the river. The property features separate hydro meters for each unit, making it ideal for tenants and easy to manage. The lower suite includes 2 bedrooms and 1 bathroom, while the upper suite offers 3 bedrooms, 2 bathrooms, and a spacious open-concept layout that’s perfect for family living. Both units are well laid out, and while the home could use some updates, it presents strong potential for added value. A large backyard adds outdoor space for tenants or owners to enjoy. Whether you're looking for an investment property or a chance to live in one unit and rent out the other, this duplex is a smart and versatile option. (id:39198)

Listed By

The listing brokerage and/or agent is Pemberton Holmes Ltd. (Lk Cow)

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

$2,641 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$519,200

Total Interest Payments

$320,119

Total Payment (Principal + Interest)

$839,319

Cashflow Calculator

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Monthly Cash Flow

$300 / month

Monthly Expenses

-$1,700

Monthly Income

$2,000

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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