Price
$2,100,000
Bedrooms1 Beds
Bathrooms3 Baths
Size2152 sqft
Year Built2015
Property TypeCondo/Townhouse
Property Taxes$10,375
Maintenance Fees$170/month
Nestled directly on the Cowichan Lake shoreline, surrounded by majestic trees & gorgeous views, 7424 Cottage Way is your invitation to unwind & enjoy the absolute best that island living has to offer. Upon approaching this property, you'll notice that the rooftop solar system which, in addition to the backup Tesla battery pack, & generator, provides peace of mind that you will always be able to enjoy all of your creature comforts during power outages. There is also onsite EV charging & Control 4 system allows one to monitor & control home security, heating, etc from anywhere in the world. Stepping inside, you'll notice premium finishings, high ceilings, & plenty of natural light with views of the lake throughout. The primary bedroom is on the main floor which features an open concept layout and well appointed kitchen while 2 more bedrooms, a family room, & wet bar await on the lower level. Your future home features both a sunny balcony on the main floor as well as a covered patio with a fire pit, outdoor kitchen, & shower on the lower floor making for seamless indoor/outdoor living. Members of this welcoming strata community also have access to resort like amenities with a gym, pool, games room, & hot tub. When you finally tire after a long day of enjoying life on the lake, your private dock is a fairly spectacular place to watch the sun set over the glistening water. (id:39198)
The listing brokerage and/or agent is RE/MAX Generation (LC)
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.
$8,579 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,680,000
Total Interest Payments
$1,035,823
Total Payment (Principal + Interest)
$2,715,823
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Realtors
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.
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.