Price
$1,995,000
Bedrooms3 Beds
Bathrooms4 Baths
Size3343 sqft
Year Built1984
Property TypeDetached Home
Property Taxes$7,132
Calling all water enthusiasts! This well-built, upgraded 4 bedroom plus office, 3 bathroom waterfront home on a southwest-facing property with 100+ feet of frontage on the tranquil Southey Bay is in move-in condition. One can live entirely on the main level with 2 bedrooms, an office, 2 bathrooms, an open-plan brand new kitchen, and dining room with a covered deck overlooking the bay. Spread out with guests on the walk-out lower level with a family room, bedroom, bathroom as well as storage. Attached is a 2-car garage wired for EV charging, a small detached workshop, and a garden storage shed. Most unique and exciting is the 1960's boat house perched directly above the emerald green water with an adjacent boat launch sized for boats up to 20 feet. At high tide, Southey Bay appears like a sheltered lagoon, spectacular for swimming, watching island bird and marine life, boating, paddling, and kayaking. Truly one of the most usable waterfront properties on the market. ****Viewings are by appointment only.**** (id:39198)
The listing brokerage and/or agent is Macdonald Realty Salt Spring Island
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.
$7,762 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,596,000
Total Interest Payments
$984,032
Total Payment (Principal + Interest)
$2,580,032
$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.