Price
$1,499,000
Bedrooms7 Beds
Bathrooms3 Baths
Size4077 sqft
Year Built2017
Property TypeDetached Home
Property Taxes$7,501.53
**OPEN HOUSE - SUN 2-4PM** Welcome to 552 Ridge Pointe Place—where exceptional design meets unmatched flexibility in the heart of Colwood. This thoughtfully crafted 3,251 sq ft home offers 7 bedrooms and 3 bathrooms, including a bright, above-ground 2-bedroom suite with soaring 9’ ceilings, private in-suite laundry, and dedicated parking. With the option to convert the suite into 3 bedrooms, this space opens doors for strong rental income or multi-generational living — all without sacrificing the comfort and space of the main residence. Inside the main home, discover up to 5 bedrooms and stunning architectural details like 11’ ceilings, wide plank engineered hardwood, and expansive living areas filled with natural light. The gourmet kitchen is as functional as it is stylish, with a gas stove, double oven, two sinks, and abundant storage for the serious home chef. A large gas fireplace anchors the living room, creating a cozy yet elegant space for family gatherings or entertaining. Retreat to your primary suite sanctuary, featuring a generous walk-in closet with custom built-ins and a spa-inspired ensuite with a deep soaker tub and oversized walk-in shower. A dedicated laundry room in the main house offers practicality and convenience that busy households will appreciate. Set on a low-maintenance 5,797 sq ft lot, this home also delivers ample parking: a double garage, extended driveway, and RV space or separate parking for the suite. All this is just minutes from the fast-growing Royal Bay community, local beaches, and top-rated schools—making this not only a stunning family home but a strategic long-term investment. Whether you're looking to generate passive income, accommodate a large household, or secure a foothold in one of Greater Victoria's most promising neighborhoods, this property offers the rare opportunity to do it all—without compromise. (id:39198)
The listing brokerage and/or agent is eXp Realty
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.
$6,011 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,199,200
Total Interest Payments
$739,380
Total Payment (Principal + Interest)
$1,938,580
$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.
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.