
Description
VTB (FIRST MORTGAGE ONLY) of up to 70% of accepted offer price, 3 year term at 5% interest only, possible for a qualified Buyer, approved and provided at the sole discretion of the Seller. Multi Family revenue property that is exceptionally well located near shopping, schools, local parks, and the ocean in Chemainus (Central Vancouver Island/Cowichan Valley - 32 KM south of Nanaimo and 20 KM north of Duncan). The 2 building blocks consist of 11 two story townhome style apartments. The units have ground floor living rooms, kitchen and half-bath laundry rooms; the upstairs have two bedrooms and a full bath (some ocean views from upstairs). The building has a history of long term occupancy with low vacancy rates. The building is across the street from Chemainus Secondary School and a block away from ocean and local shopping. Several renovations throughout the last 12 years (both roofs replaced within the last 15 years). All sizes are approx. and should be verified by potential buyer.
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0BEDS
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0.52ACRES
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0BATHS
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01/2 BATHS
Description
VTB (FIRST MORTGAGE ONLY) of up to 70% of accepted offer price, 3 year term at 5% interest only, possible for a qualified Buyer, approved and provided at the sole discretion of the Seller. Multi Family revenue property that is exceptionally well located near shopping, schools, local parks, and the ocean in Chemainus (Central Vancouver Island/Cowichan Valley - 32 KM south of Nanaimo and 20 KM north of Duncan). The 2 building blocks consist of 11 two story townhome style apartments. The units have ground floor living rooms, kitchen and half-bath laundry rooms; the upstairs have two bedrooms and a full bath (some ocean views from upstairs). The building has a history of long term occupancy with low vacancy rates. The building is across the street from Chemainus Secondary School and a block away from ocean and local shopping. Several renovations throughout the last 12 years (both roofs replaced within the last 15 years). All sizes are approx. and should be verified by potential buyer.
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