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10859 Madrona Drive, Deep Cove North Saanich

Price

$1,250,000

BedroomsNot listed

BathroomsNot listed

SizeNot listed

Year BuiltNot listed

Property TypeDetached Home

Property Taxes$3,802.34

Description

An extraordinary opportunity awaits in the heart of Deep Cove, one of the Saanich Peninsula’s most prestigious and sought-after neighbourhoods. This rare and level 0.7-acre property offers dual frontage on both Madrona Drive and Wain Road, providing exceptional flexibility and fabulous ocean views. The setting is private and serene, yet just minutes from the charming Deep Cove Market, local marinas, excellent schools, and an array of parks and trails. Conveniently located for commuters, you are also within easy reach of the BC Ferries terminal and Victoria International Airport. With its prime location and generous size, this lot offers endless potential for your dream home. The newly updated OCP allows for the construction of a single-family residence with the option of a carriage home, making it an ideal choice for those seeking added versatility. This is a truly unique chance to secure a rare parcel in one of Vancouver Island’s most desirable communities. (id:39198)

Listed By

The listing brokerage and/or agent is RE/MAX Camosun

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

$4,808 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,000,000

Total Interest Payments

$616,561

Total Payment (Principal + Interest)

$1,616,561

Cashflow Calculator

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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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Meet Alex & Georgia

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.

Locations We Serve

Cowichan Valley

Cowichan Valley

Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture

Westshore

Westshore

The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.

Victoria

Victoria

As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.

Oak Bay

Oak Bay

Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.

Saanich

Saanich

The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.

We can help you find your dream home