8033 Greendale Rd, Lake Cowichan
Rare opportunity to own 8 half duplexes in a remarkable park-like setting with all units now at market rents generating over $17,000 per month! All units have been fully updated, thoughtfully soundproofed, each with a 4 piece bathroom, full sized appliances including laundry, individual storage sheds, non-smoking and in excellent condition. The entire property is well maintained and managed with solid tenancy agreements in place. Prime location in a peaceful neighbourhood on a safe, private, no-through road and only a 10 minute walk or 2 minute drive to town. Consistent 0% vacancy rate as residents enjoy so much natural beauty right from their doorsteps, including private waterfront alongside a lovely creek, as well direct access to the Trans Canada Trail. Very low maintenance as all tenants are responsible to look after their designated portion of yard space, including grass cutting, leaf raking and snow removal. Live in one of the units while managing your investment or enjoy the significant rental income while living off site. (id:1945)
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Property details for 8033 Greendale Rd, Lake Cowichan
- Type
- Commercial
- Bedrooms
- 24
- Bathrooms
- 8
- Living Area
- 6,920 square feet
- Lot Size
- 2.11
- Heating
- Baseboard heaters
- Cooling
- None
- Ownership
- Freehold
- Annual Taxes
- $8,595
Nearby Listings Stat
Estimated price and comparable properties near 8033 Greendale Rd
Active Listings
1
Min Price
$2,395,000
Max Price
$2,395,000
Avg Price
$2,395,000
Days on Market
0
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Price History
Listed
October 13, 2026
by Realocity Realty Inc.
Current Price
$2,395,000
-4% from last change
Type
Commercial
For Sale
Price Changes
2
| Date | Price | Change |
|---|---|---|
| Current | $2,395,000 | $100,000 (-4%) |
| Oct 13, 2026 | $2,495,000 | $70,000 (-2.7%) |
| Apr 9, 2026 | $2,565,000 | Listed |