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8631 South Shore Road Unit 6, Lake Cowichan Lake Cowichan

Price

$349,900

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)

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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

$4,389 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$279,920

Total Interest Payments

$172,588

Total Payment (Principal + Interest)

$452,508


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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.

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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