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1 - 6 68 Stanley Rd
Du Lake Cowichan Lake Cowichan V0R 2G0

$997,000
Commercial Sale built: 1950

Aerial view featuring the river and mountain views
Photo 1: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
Photo 2: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
Photo 3: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
Photo 4: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
Photo 5: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
Photo 6: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
Photo 7: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
Photo 8: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
Photo 9: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
Photo 10: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
Photo 11: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
Photo 12: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
Photo 13: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
Photo 14: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
Photo 15: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
Photo 16: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
Photo 17: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
Photo 18: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
Photo 19: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
Photo 20: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
Photo 21: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
Photo 22: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
Photo 23: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
Photo 24: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
Photo 25: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
Photo 26: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
Photo 27: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
Photo 28: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
Photo 29: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
Photo 30: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
Photo 31: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
Photo 32: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
Photo 33: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
966083
Year Built:
1950
You won’t want to miss this amazing investment opportunity to get into the Real Estate market. This 6-plex can give you income as well as a way of life. It’s almost like having 6 ground floor suites the way the building sits in its environment. Most have large balconies and the location in the heart of town could not be better. You can walk to everything including the bank, drugstore, hardware, lab, grocery, physio, Notary, liquor, restaurants and more. Plus, the deepest swimming hole Cowichan River has to offer is around 100 ft away. The current tenants are wonderful and take great care of their spaces, and thanks to the seller's diligent maintenance efforts, there is little that needs doing. All units have their own electrical and hot water tanks. There is a good, shared laundry area as well as a large storage area. Lake Cowichan is the gateway to the West Coast so maybe this Boutique Hotel is in your destiny! Call Sandy to explore the many opportunities this offering affords!
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Year built:
1950 (Age: 74)
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Du Lake Cowichan, Duncan
Bathrooms:
- (Full:-/Half:-)
Lot Size:
6,534.045 sq. ft.
Lot Details:
60 x 120
Taxes:
Building Features:
Basement, Laundry Room, Parking, Shopping Nearby, Transit Nearby, Visual Exposure
Construction:
Vinyl Siding
New Construction:
No
Foundation:
Concrete Perimeter
Electricity:
Yes
Number of Storeys:
2
Ceiling Heights:
Floor finish:
Mixed
Total Building Area:
4,093 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
No
Pending Date:
Fixtures, Goodwill, Parking, Real Estate
Balcony/Deck, Low Maintenance Yard, Sign: Allowed
River
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
Town of Lake Cowichan
Legal Description:
Zoning:
R7
Units in Building:
Units in Community:
Occupancy:
Tenant
Property Condition:
Updated/Remodeled
Utilities:
Cable Available, Electricity Connected, Garbage, Phone Available, Recycling
Lot Site Features:
Central Location, Corner Lot, Easy Access, Level, Park Setting, Recreation Nearby, Serviced, Shopping Nearby
Parking Features:
On Site
Total Parking Spaces:
9
Road Surface Type:
Paved
Business Name:
STANLEY 6 PLEX
Business Type:
Accommodation
Total Units:
Date Listed:
Jun 04, 2024
Original Price:
997000.0
  • Photo 1: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
    Aerial view featuring the river and mountain views
  • Photo 2: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
    Photo 2 of 33
  • Photo 3: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
    Photo 3 of 33
  • Photo 4: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
    Photo 4 of 33
  • Photo 5: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
    Side view of house featuring a yard
  • Photo 6: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
    Back of property from parking lot
  • Photo 7: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
    Balcony featuring area for grilling
  • Photo 8: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
    Drone / aerial view with a water and mountain view
  • Photo 9: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
    Utility room featuring individual electric water heaters
  • Photo 10: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
    Large deck on the upper level
  • Photo 11: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
    Stairs from the Parking Lot
  • Photo 12: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
    View of Laundry Room and Owner Storage
  • Photo 13: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
    View of side of property with covered porch
  • Photo 14: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
    Walkway down the side
  • Photo 15: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
    Bird's eye view showing the town core
  • Photo 16: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
    Birds eye view of property featuring a mountain view
  • Photo 17: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
    Birds eye view of property with a water and mountain view
  • Photo 18: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
    Drone / aerial view with a water and mountain view
  • Photo 19: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
    Drone / aerial view with a water and mountain view
  • Photo 20: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
    Mountain view
  • Photo 21: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
    View of drone / aerial view
  • Photo 22: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
    Kitchen with light hardwood / wood-style floors, stainless steel electric range oven, and sink
  • Photo 23: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
    Kitchen with sink, backsplash, light hardwood / wood-style flooring, and stainless steel appliances
  • Photo 24: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
    Bathroom featuring tiled shower / bath and vanity
  • Photo 25: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
    Carpeted empty room with a baseboard heating unit
  • Photo 26: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
    Kitchen featuring stainless steel appliances, track lighting, and light wood-type flooring
  • Photo 27: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
    Bedroom with carpet flooring and a closet
  • Photo 28: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
    Living room with large windows
  • Photo 29: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
    Kitchen with white appliances, light wood-type flooring, and gray cabinets
  • Photo 30: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
    Bathroom featuring tile flooring and shower / bath combination with curtain
  • Photo 31: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
    Kitchen featuring hardwood / wood-style flooring, white cabinets, stainless steel fridge, and range with electric stovetop
  • Photo 32: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
    Bathroom featuring a baseboard heater, oversized vanity, hardwood / wood-style flooring, and toilet
  • Photo 33: 1 - 6 68 Stanley Rd in Lake Cowichan: Du Lake Cowichan Multi Family for sale (Duncan)  : MLS®# 966083
    Bedroom featuring hardwood / wood-style flooring, and a closet
Listed by RE/MAX Generation (LC)
Data was last updated October 30, 2024 at 08:05 AM (UTC)
Area Statistics
Listings on market:
59
Avg list price:
$1,400,000
Min list price:
$129,000
Max list price:
$15,000,000
Avg days on market:
70
Min days on market:
2
Max days on market:
684
These statistics are generated based on the current listing's property type and located in Duncan. Average values are derived using median calculations.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.