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  5. Genoa Bay

5025 Genoa Bay Road, East Duncan Duncan

Price

$1,264,900

Bedrooms3 Beds

Bathrooms3 Baths

Size2693 sqft

Year Built1989

Property TypeDetached Home

Property Taxes$6,857

Description

Embrace the essence of West Coast living in this stunning oceanfront residence, perfectly perched on a 0.35-acre lot with uninterrupted panoramic views of beautiful Genoa Bay. With 1/3 shared ownership of a private dock that holds legal foreshore tenure, this property offers dock space suitable for a boat up to 35 feet—an ideal retreat for those who love life on the water. Spanning 2,693 sq. ft., the home has been thoughtfully designed to maximize ocean views from nearly every room, as well as from all three outdoor decks. The main floor welcomes you with soaring vaulted ceilings in the living room, a cozy fireplace, and an open dining area. The kitchen includes abundant cabinetry, a bright breakfast nook with a large picture window, and access to a spacious deck where the scenic outlook is nothing short of spectacular. Also on the main level are a generous bedroom, a 2-piece bath, and a convenient laundry room. Upstairs, the primary suite is a tranquil retreat with a large 5-piece ensuite and access to a sun-drenched upper deck—a perfect spot for morning coffee or evening stargazing. A second bedroom on this floor also features its own 3-piece ensuite and shares access to the upper deck. The open-air hallway offers views of the main living space below, enhancing the home’s bright and airy feel. The lower level is a flexible space currently used as a family room but could easily function as a home office, studio, or hobby area. It includes walk-out access to the yard and two finished storage rooms for added convenience. Recent updates provide peace of mind and enhance the home’s curb appeal, including a new front entry door, metal roof, windows and exterior doors, fresh paint, gutters, and downspouts. Outside, the low-maintenance yard allows more time for recreation and relaxation. Just a 2-minute stroll leads to public beach access, the Genoa Bay Marina, and the beloved Genoa Bay Café. This offering delivers it all in a most picturesque setting. (id:39198)

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Listed By

The listing brokerage and/or agent is Sotheby's International Realty Canada (Vic2)

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

$5,116 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,011,920

Total Interest Payments

$623,911

Total Payment (Principal + Interest)

$1,635,831


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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