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  5. Cove

3973 Cove Road, Ladysmith Ladysmith

Price

$4,450,000

Bedrooms4 Beds

Bathrooms6 Baths

Size6019 sqft

Year Built2022

Property TypeDetached Home

Property Taxes$9,413

Description

3 year old Oceanfront home tucked down a private lane. The elegant waterfront masterpiece blends modern classical coastal design with luxury. Nestled in tranquil protected “Evening Cove” and offering excellent private access to the beach plus own anchoring Buoy. This spectacular home boasts over 6000 sqft of opulent living space plus a 700 sqft garage so room for everything. Five bedrooms, 6 bathrooms, kitchen absolute showpiece with custom built walnut wrapped milled cabinetry. Appliances befitting this home three door Trio Liebherr fridge, freezer, wine fridge, Fisher Paykel double drawer dishwasher and Fulgor 48 inch stove. You’ll love the spectacular stone fireplace, Russian Oak floors and grand staircase. Multi use flex suite over garage plus a lovely legal one bedroom in part of lower level. Beautiful grounds including amazing swim spa by waters edge, stamped driveway and walks, huge deck space(s). Some of the warmest ocean waters North of California, great crabbing, prawning and fishing within minutes, 10 minutes to airport, golf, 25 minutes to ferry. Too many other amazing features and finishings to list here on this gorgeous ¾ acre property, Paradise! (id:39198)

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Listed By

The listing brokerage and/or agent is Royal LePage Nanaimo Realty LD

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Property Dimensions


The Property Location

Mortgage Calculator

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Total Monthly Payment

$16,771 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$3,560,000

Total Interest Payments

$2,194,957

Total Payment (Principal + Interest)

$5,754,957


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Cashflow Calculator

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Monthly Cash Flow

$300 / month


Monthly Expenses

-$1,700

Monthly Income

$2,000


Your monthly cash flow is positive

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Meet Alex & Georgia

Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.

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The listing data displayed is deemed reliable but is not guaranteed accurate by CREA®. The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association. Review our MLS® Data Disclosure if you have any further questions