Here is a “Shared Home Ownership” or “Co-Ownership” opportunity in the “Cowichan Station“ area just south of Duncan BC on Vancouver Island. The entire property is 5.56 acres, and the current owners would like to keep a small cottage on about 2 acres of that land for themselves, and sell the other approximate 3 acre portion, to free up some cash and start traveling. Attached are some photos, and floor plans for the 4000 + sq ft main house which includes 3 kitchens, and would come with approximately 2 acres including the pond , for $1,200,000. The 3 bay shop could be purchased for an additional $250,000, and the potential loft accommodation, could be purchased for an additional $250,000, or a total for all 3 for $1,700,000. If someone purchased the house, shop, and loft, it would come with a small barn and a couple other out buildings, along with a few fenced pastures for the sheep on about 3 acres. A bonus feature, is this property would have shared access to several hundred feet of waterfront along the banks of the Koksilah River. The owners want to cash out some of their equity and travel most of the year, but also have a place to land periodically. The owners would consider carrying some financing, and the new purchaser would have the right of first refusal over the next 5 to 10 years to buy out the remainder of the property which contains a very cute and cozy cottage on 2 acres for an extra $1,000,000.
If you or anyone you know is interested, in this concept, or exploring this opportunity further, contact David Hale from www.sharedhomeownershipvictoria.com (Team 3000 Realty Ltd) 250-812-7277.