Priced $131,000 below Assessment, this Davis Bay ocean-view home offers three living spaces @ nearly $5,000/mth when fully rented. Upper level is bright, wheelchair-accessible 3-bed, 2-bath rancher with vaulted ceilings, wood fireplace, in-suite laundry, large view deck & double carport. Below are two self-contained, level-entry suites facing the ocean, a 1-bedroom & a studio, & shared laundry. The 1-bedroom is vacant, so move in, house family, or pick your own tenant. Panoramic west views Georgia Strait to Vancouver Island from both levels. Private 10,454 sf lot with RV parking & room for gardens. Pre-listing home, septic & WETT inspections available, with some recent work completed. Some future maintenance is already reflected in the price. Smart - you build equity with income coming in!