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3574 Cowichan Lake Road, West Duncan Duncan

Price

$1,188,000

Bedrooms4 Beds

Bathrooms2 Baths

Size2203 sqft

Year Built1947

Property TypeDetached Home

Property Taxes$2,127.86

Description

Welcome to Red Bell Farm, a serene 2.73 acre retreat backing onto the Cowichan Valley Trail, offering privacy, charm, and endless possibilities yet only a 6 minute drive to downtown Duncan. The 4-bedroom, 2-bathroom farmhouse has been lovingly maintained, preserving the warmth and functionality of a traditional countryside home. The flat, sun-drenched acreage is perfect for agricultural pursuits, featuring outdoor gardens, lush foliage, fruit trees, and a productive greenhouse. Fully fenced with irrigation, it’s ready for sustainable farming or livestock. A picturesque pond with a nearby outdoor kitchen and fire pit creates the ideal setting for entertaining, quiet reflection, or other pursuits. The property is well-equipped with multiple outbuildings, including a barn, paddocks with a separate kitchen and farm stand/studio, and a spacious insulated Quonset building. Income opportunities abound, with potential for campsites, farm stands, livestock boarding, or the addition of a suite or secondary home. Whether you dream of a working farm, a rural escape, or a unique business venture, Red Bell Farm offers a rare blend of natural beauty, practicality, and potential. Don’t miss this one-of-a-kind property! (id:39198)

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Listed By

The listing brokerage and/or agent is Coldwell Banker Oceanside Real Estate

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

$4,446 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$950,400

Total Interest Payments

$585,980

Total Payment (Principal + Interest)

$1,536,380


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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