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  5. Calais

2298 Calais Road, East Duncan Duncan

Price

$1,058,400

Bedrooms2 Beds

Bathrooms2 Baths

Size1930 sqft

Year Built1969

Property TypeDetached Home

Property Taxes$6,202.9

Description

Welcome to 2298 Calais Rd – a private and picturesque 3-acre property located just minutes from town. This 3-bedroom, 2-bath home offers a unique opportunity for developers, handymen, or buyers looking to build equity through renovation. The kitchen and bathrooms have already been updated, and some major system upgrades are in place, including a 200-amp electrical service, gas forced air furnace, and a tankless hot water system. Renovations have been started but are not yet complete, making this the perfect chance to bring your vision to life. Additionally, a Preliminary Layout Approval (PLA) was previously in place to subdivide the property into three bare land strata lots – to be confirmed with the District of North Cowichan. Whether you're looking to finish the home for personal use or explore its development potential, this property holds incredible value in a desirable rural setting. Sold ''as is''. Buyers to do their own due diligence. Measurements are approximate. Buyer to verify. (id:39198)

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Listed By

The listing brokerage and/or agent is eXp Realty (NA)

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

$4,320 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$846,720

Total Interest Payments

$522,055

Total Payment (Principal + Interest)

$1,368,775


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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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Comber Friesen Group

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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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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