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8480 Crofton Road, Crofton Crofton

Price

$1,450,000

BedroomsNot listed

BathroomsNot listed

Size3500 sqft

Year BuiltNot listed

Property TypeDetached Home

Property Taxes$4,175.67

Description

Located in Crofton, this level and highly usable 12.65-acre property—partially within the Agricultural Land Reserve (ALR)—presents an exceptional opportunity for a range of residential, agricultural, or commercial uses. The property features a newly built ±3,600 sq ft shop, equipped with 600-amp, 3-phase underground electrical service. The structure includes a durable metal roof, insulated interior, overhead bay door, and a concrete floor—ideal for a variety of applications. Zoned A2, the land allows for numerous permitted uses, including agricultural activities, a community care facility, craft distillery, riding stables, and more. Adding further value, a foundation is already in place for a 3,100 sq ft home, with building plans available for review. A high-producing well delivers an impressive 90 gallons per minute. Ideally situated close to shops, ocean access, and the Salt Spring Island ferry, the property also offers convenient access to Duncan, Nanaimo, and Victoria—making it an excellent choice for both lifestyle and investment. (id:39198)

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Listed By

The listing brokerage and/or agent is JKS Realty & Property Management

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

$5,557 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,160,000

Total Interest Payments

$715,211

Total Payment (Principal + Interest)

$1,875,211


Discuss Your Options With Us Today

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

735 Humboldt St, Victoria, BC V8W 1B1

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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