5982 Mayo Road, Lake Cowichan Lake Cowichan
Price
$1,899,900
Bedrooms5 Beds
Bathrooms5 Baths
Size4581 sqft
Year Built1990
Property TypeDetached Home
Property Taxes$6,023
Open Vimeo Video
Description
Perched on a hilltop overlooking forests & mountains this lovely main lvl entry w/walkout basement home sits on a private 7.02 acre estate. The 4/5 bdrm, 3 bath main home features vaulted ceilings, tons of natural light & skylights, hardwood floors, oak kitchen cabinets, pellet stove, propane fireplace & lots of deck space. The second home has 2 bdrms, 2 baths, open concept living areas & is completely separate on the property. The property is mostly forested w/clearings around each home & there are trails all throughout. There is a large above ground pool w/wet bar, sauna & surrounding deck, 40x60 Quonset hut, detached dbl garage w/extra rooms, numerous outbuildings & includes 2 generators (1 w/auto transfer switch). Nature, trails, parks, the Cowichan River & Lake Cowichan amenities all at your doorstep. Ideal for multiple families, rental income or your own peaceful oasis. From the minute you enter the driveway, you will be pleased. There is extensive value here! (id:39198)
Listed By
The listing brokerage and/or agent is Coldwell Banker Oceanside Real Estate
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
$
$
%
$
$
Total Monthly Payment
$7,328 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,519,920
Total Interest Payments
$937,124
Total Payment (Principal + Interest)
$2,457,044
Cashflow Calculator
$
$
$
$
$
$
Monthly Cash Flow
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Comber Friesen Group
Realtors
Related Properties
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.
Locations We Serve
Cowichan Valley
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
Westshore
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
Victoria
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Oak Bay
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
Saanich
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.