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  4. Duncan Real Estate
  5. Gibbins

3056 Gibbins Road, West Duncan Duncan

Price

$879,900

Bedrooms3 Beds

Bathrooms5 Baths

Size3361 sqft

Year Built1954

Property TypeDetached Home

Property Taxes$4,541.15

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Description

Great Opportunity.3 Potential Suites. Updated 4+ Bedrooms, 4 bathrooms, Huge Rancher with Endless Possibilities on .52 of a flat potential subdivision property, on huge Corner lot, across the street from Duncan Hospital. This Home at One Time housed Seniors, Each Bedroom on main floor has a bathroom, approximately 2100 sqft on main floor, with 3+ Bedrooms, upgraded flooring and a perfect setup, for someone who doesn’t like stairs, or has extended family, or Home Cottage Business potential, There is one main kitchen,on main 1 downstairs in the 1 bed self contained suite, own entrance ( also another kitchen area on main, no stove etc) In the main house there is a huge room upstairs, for storage or potential den/office, Property, Lots of Parking,RV, great spot for home cottage business ?? overnight notice is required, big dogs, listed at $879900 Sellers have paid $1500 to North Cowichan to get 2 proposed lots subdivided off.There is an encroachment with neighbouring house on this lot. (id:39198)

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Listed By

The listing brokerage and/or agent is Maxxam Realty Ltd.

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.

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Total Monthly Payment

$3,540 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$703,920

Total Interest Payments

$434,010

Total Payment (Principal + Interest)

$1,137,930


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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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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