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10126 Old Victoria Road, Chemainus Chemainus

Price

$699,000

Bedrooms3 Beds

Bathrooms1 Baths

Size1727 sqft

Year Built1959

Property TypeDetached Home

Property Taxes$5,002.99

Description

Ocean View Development Potential. Located in the quaint Seaside community of Chemainus BC. This ocean-view single-level Rancher sits on a massive ¾ acre lot. Built in 1959, at a time when home craftsmanship was an honoured local tradition. Inside this home you will find 3 bedrooms and 1 bathroom. The main living area has sweeping ocean views across the Trincomali Channel to Thetis Island and snow-capped Coastal Mountains beyond. There is a warm wood fireplace for cozy nights enjoying the views. The bright open kitchen has a skylight and is connected through to the living area. All 3 bedrooms are on the main floor, 2 of which also enjoy ocean views. The lot includes 2 carports one with an extra high ceiling ideal for boats or RVs. This ¾ lot is ideal for future redevelopment and would be well suited for an ocean-view development This location is a 10-minute walk to town and the ocean. If you are looking for an ocean-view Rancher on a large lot with future redevelopment potential, you've found it ! (id:39198)

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Listed By

The listing brokerage and/or agent is RE/MAX Generation (CH)

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

$2,928 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$559,200

Total Interest Payments

$344,781

Total Payment (Principal + Interest)

$903,981


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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