Price
$1,729,000
Bedrooms2 Beds
Bathrooms3 Baths
Size3530 sqft
Year Built1993
Property TypeDetached Home
Property Taxes$6,348.39
Welcome to your lakeside sanctuary nestled on 5.3 acres along the shores of Michael Lake! This property boasts 3 generously sized bdrm's, plus a den & features 3 well-appointed bathrooms, spread across a spacious 3,530 square feet of living space with a freshly painted exterior & brand new deck. Embrace the warmth of the inviting wood-burning fireplace & enjoy the elegance of vaulted ceilings that create an open, airy atmosphere. The home includes a partially finished basement, providing ample storage options & potential for additional living areas. Stay comfortable throughout the seasons with an efficient heat pump. For those who appreciate nature, the property also includes an original apple & plum orchard, offering a charming touch to this picturesque setting. Experience peace, beauty & outdoor adventure in this unique lakeside retreat—perfect for fishing, relaxing & creating lasting memories (id:39198)
The listing brokerage and/or agent is REMAX Professionals
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.
$6,741 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,383,200
Total Interest Payments
$852,828
Total Payment (Principal + Interest)
$2,236,028
$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.