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  5. Southey Point

2990 Southey Point Road, Salt Spring Salt Spring

Price

$1,995,000

Bedrooms3 Beds

Bathrooms4 Baths

Size3343 sqft

Year Built1984

Property TypeDetached Home

Property Taxes$7,132

Description

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)

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Listed By

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.

Property Dimensions


The Property Location

Mortgage Calculator

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Total Monthly Payment

$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


Discuss Your Options With Us Today

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.

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Engel & Võlkers Vancouver Island

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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