$699,000

$719,900For salePrice drop↓ $20,900 (3%)

114/112 Eldred Road, Lake Cowichan - Single Family for Sale

114/112 Eldred Road, Lake Cowichan, British Columbia, V0R2G1

4 beds2 baths6 parking1,325 ft²9,722 sq ft (0.22 ac) lot sizeListed 50 days ago

Overview

This 4-bedroom, 2-bathroom home in Lake Cowichan is for sale offering roughly 1,325 sq ft of space. Listed at $699,000, it is attractively priced about 18% below the $849,000 median asking price in Lake Cowichan. It has been on the market 50 days, fresher than the Lake Cowichan average of 90 days.

Houses for Sale in Lake Cowichan →All real estate in Lake Cowichan →

Description

Value here in Lake Cowichan! You get #112 Eldred and #114 Eldred for one price! FULL DUPLEX! Excellent opportunity for someone looking to break into the market, live on one side and let the other side help pay the bills. With positive cash flow this also makes a great buy and hold investment. Great long term tenants on both sides! The Duplex offers ''two separate units'' each being a 2 Bedroom, 1 bath, each with a single car garage! The property is located at the end of a quiet cul-de-sac, in a family oriented neighbourhood, on a level .22 acre lot. Hop right onto the Cowichan Valley Trail from your yard! Lots of room for RV parking, toys, etc. Very close to all the great amenities Lake Cowichan has to offer including out door rink, playground, trails, swimming, parks & beaches. Not to mention the friendly small town charm with all the local restaurants and stores to enjoy! (id:66096)

Property Details

MLS®: 1049951
Property Type: Single Family
Zoning: Duplex
Bedrooms: 4
Bathrooms: 2
Parking: 6
Interior Size: 1,325 ft²
Lot Size: 9,722 sq ft (0.22 ac)
Year Built: 1971
Heating: Baseboard heaters, Electric
Cooling: None
Garage: Garage
Ownership: Freehold
Property Tax: $5,169.59/yr
Listed: 50 days ago

Rooms

Main level

Living room: 16'9 x 10'6
Kitchen: 7'9 x 12'5
Bathroom: 4-Piece
Bedroom: 10'10 x 8'4
Primary Bedroom: 11'8 x 10'5
Laundry room: 9'2 x 5'1
Living room: 16'8 x 19'2
Kitchen: 7'10 x 12'9
Bathroom: 4-Piece
Bedroom: 10'10 x 8'5
Primary Bedroom: 11'9 x 12'9

Features

Appliances: Washer, Refrigerator, Range - Electric, Dryer
Lot Features: Level lot, Private setting, See remarks, Other

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

50d

Lake Cowichan listings, avg age

90d

Price / ft²

$528

List price

$699K

Haho

This 4-bed single family in Lake Cowichan has been listed for 50 days, which is 40 days fresher than the city average of 90. Act while there is still low competition.

Set a price alert Book a showing

Listed by RE/MAX Island Properties (DU) · Tammy Bigelow

Location

Approximate location — exact address confirmed upon showing

Nearby Places

$699,000· $528/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment6.42% · $44,900

Min 6.42%50%

Mortgage payment$3,626/mo

↳ CMHC premium ($26,164 capitalized)

Property tax (est.)$431/mo

Total monthly$4,057

Cash Needed to Close

Down payment (6.42%)$44,900

Land transfer tax$11,980

Est. closing costs$4,597

Total cash needed$61,477

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Rental cashflow calculator