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3251 Cowichan Lake Road Unit 308, Shaughnessy Gardens Duncan

Price

$277,900

Bedrooms2 Beds

Bathrooms1 Baths

Size790 sqft

Year Built1981

Property TypeCondo/Townhouse

Property Taxes$1,673

Unit Number308

Maintenance Fees$309/month

Description

Great starter home or investment. Current tenants moving out August 31st. Monthly strata $311; annual property taxes (2024) $1673. This 2 bedroom apartment had a major facelift just over a year ago, with all new flooring, gyproc repair, new tub surround, and paint job. The fridge and stove were replaced in 2022, dishwasher in 2021. About 20 years ago, the original building owner gave all the units a facelift with new kitchen and bathroom cabinets, which still look good. This unit is pretty much turnkey. Well managed complex with over $171,000 in the contingency fund (over $5,000/door). Pix taken show the unit just after the flooring was redone. (id:39198)

Listed By

The listing brokerage and/or agent is Royal LePage-Comox Valley (CV)

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

$1,447 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$222,320

Total Interest Payments

$137,074

Total Payment (Principal + Interest)

$359,394

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.

Locations We Serve

Cowichan Valley

Cowichan Valley

Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture

Westshore

Westshore

The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.

Victoria

Victoria

As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.

Oak Bay

Oak Bay

Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.

Saanich

Saanich

The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.

We can help you find your dream home