Welcome home, this unique 2.5-acre income-producing property has been developed in a way to allow
multiple buyers many options. There are 2 ranchers on the property; a 3 bed 2 bath & a 2 bed 2
bath & 2 Mobile home pads paying $500/month each for a $1000/month cash stream. The 2 bed rancher
is rented for $800/m & the 3-bed is rented for $1500/month for a total of $3300/month. All
properties are individually metered and serviced underground from the distribution building which
houses the water system that feeds all units underground. The water is clean and is on an approx
15GPM well pumped into a large cistern so lots of water. Additional features include a 3-stall
horse barn w/tack room and large paddock w/double run in w new metal roof & siding updated. The
property is fenced on 3 sides. There is a detached shop/garage for one of the mobile pad sites. Recent
upgrades include new metal roofs on the 2-bed rancher & horse run in & soffits on both houses &
horse barn. Driveways machine graded and blue crush installed. The distribution room is newly
insulated and drywalled. Exterior trims painted on homes. There are engineers' schedules on the
shops' foundation that are set up for the main home's detached garage/workshop when you are ready
to explore your own options for finishing it off to your needs. The foundation was poured prior
before there were building codes in Area F. Buyers to make their own investigations regarding the
completion of this proposed building. Finding a 2.5-acre property to house yourself and extended
family members comfortably along with a couple of horse/farm animals, a bunch of room for all your
toys/ equipment, RV.s boats etc and all set and properly secure in central Vancouver Island is
rare. A must-see!
Address | 1198 Stagdowne Rd |
List Price | $999,900 |
Property Type | Residential |
Type of Dwelling | Single Family Detached |
Area | Parksville/Qualicum |
Sub-Area | PQ Errington/Coombs/Hilliers |
Bedrooms | 5 |
Bathrooms | 4 |
Floor Area | 2,700 Sq. Ft. |
Lot Size | 108900 Sq. Ft. |
Year Built | 2004 |
MLS® Number | 927410 |
Listing Brokerage | 460 Realty Inc. (NA) |
Basement Area | None |
Postal Code | V0R 1V0 |
Tax Amount | $4,552 |
Tax Year | 2022 |
Features | Baseboard, Dining/Living Combo, Electric, F/S/W/D, Mixed, Oven Built-In, Oven/Range Gas, Propane Tank, Storage, Workshop |
Amenities | Acreage, Balcony/Deck, Balcony/Patio, Barn(s), Fencing: Partial, Ground Level Main Floor, Guest Accommodations, In Wooded Area, Level, No Step Entrance, No Through Road, Park Setting, Pasture, Primary Bedroom on Main, Private, Quiet Area, Rural Setting, Square Lot, Storage Shed, Workshop |