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4354 Trans Canada Highway, Malahat Proper Malahat

Price

$899,900

Bedrooms2 Beds

Bathrooms2 Baths

Size1742 sqft

Year Built1930

Property TypeDetached Home

Property Taxes$2,264.62

Description

Historic ocean view property on 1.34 acres with dual commercial zoning—former site of the Dutch Latch Restaurant. This versatile property offers a 2–3 bed, 2 bath home with updated kitchen featuring eat-at island, oak flooring, and large ocean view deck. New rubber shingle roof (2014), vinyl windows (2007), septic upgraded (2013), drilled well with cistern, ductless heat pump, lots of updated paint inside and out, and some updated flooring. The home was in place when the restaurant was active and has been loved and updated by the current owner during her ownership. Detached insulated double garage/workshop with its own ductless heat pump, plus storage shed and well pump house. Two driveways, one gated. While the 1.34 acres is not fully usable, there is some room for agricultural pursuits. Perfect blend of residential comfort and commercial opportunity—ideal for home-based business or investment. Rare opportunity with history, views, and potential. 15 minutes to Mill Bay or Langford. (id:39198)

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Listed By

The listing brokerage and/or agent is Royal LePage Duncan Realty

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

$3,422 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$719,920

Total Interest Payments

$443,875

Total Payment (Principal + Interest)

$1,163,795


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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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Comber Friesen Group

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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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Engel & Võlkers Vancouver Island

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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