Price
$2,850,000
Bedrooms4 Beds
Bathrooms3 Baths
Size2759 sqft
Year Built2003
Property TypeDetached Home
Property Taxes$8,630.25
EXCEPTIONAL POTENTIAL - Discover this remarkable 12-acre estate in Ganges featuring a quality-built, single-level home spanning 2,253 sq.ft. The spacious main living area boasts a large, functional kitchen with an attached sunroom and a cozy living room with a wood stove. The home offers 4 bedrooms and 3 bathrooms, providing ample space for family and guests. An attached two-car garage adds convenience from the kitchen. Nestled behind a local vineyard, the property provides privacy and a peaceful setting with numerous fruit trees and a fenced garden area. Ideally located, it’s within walking distance to shopping and the hospital. A detached shop is included. A strictly-worded housing agreement registered on title offers specific potential for subdivision of a 5-acre parcel—possibly creating up to 26 affordable units. Perfect for those seeking a beautiful, private residence with development opportunities. Contact agent for comprehensive details and to explore this outstanding property! (id:39198)
The listing brokerage and/or agent is Royal LePage Duncan Realty Salt Spring Island
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.
$10,958 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$2,280,000
Total Interest Payments
$1,405,759
Total Payment (Principal + Interest)
$3,685,759
$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.
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