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  5. McGuire

3293 McGuire Way, Ladysmith Ladysmith

Price

$1,950,000

Bedrooms2 Beds

Bathrooms2 Baths

Size2690 sqft

Year Built1979

Property TypeDetached Home

Property Taxes$4,706.58

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Description

Discover the rare opportunity to own an extraordinary 8.7-acre forested lakefront estate on the serene shores of Quennell Lake. Surrounded by towering old-growth trees, this property offers 240 feet of waterfront and a private dock. This picturesque 1-kilometer drive is through an ancient forest off McGuire Way which ensures privacy and seclusion. The property neighbours Wildwood, a 77-acre, protected, conservation forest, which will remain untouched for generations. At the heart of the estate is a custom-designed home, that offers 2,219 sqft of living space and 2 separate carports. The home feature 2 spacious bedrooms and a large studio, which could easily serve as a 3 bedroom. There are 2 full bathrooms, an open-concept living, dining, and kitchen area, a family room, and an enclosed sunroom with views of the stunning surroundings. There is natural light with treetop and lake views from every window thanks to the architectural design including clerestory window banks and large skylights. The lower dining room windows offer a unique view into a serene fish pond. For comfort, the home is equipped with radiant heating powered by a wood- fired system, with electric backup, as well as 2 heat pumps for efficient heating in winter and cooling in summer. Two Heatalator fireplaces add to the cozy, rustic charm. The property also boasts a private well, providing 3 gallons of fresh water per minute from a depth of 180 feet and a new Bio-filter septic system and a lake water licence for gardens and ponds. In addition a charming 1930 log cabin overlooks the lake from a ridge,offering a retreat or guest accommodation, featuring include a loft, stained-glass windows, and a covered veranda with a lake view. The property is zoned for two homes. Whether you seek a private retreat, or eco-conscious lifestyle, this property offers a perfect combination of peace, privacy, and nature. (id:39198)

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Listed By

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.

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Total Monthly Payment

$7,398 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,560,000

Total Interest Payments

$961,835

Total Payment (Principal + Interest)

$2,521,835


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Monthly Cash Flow

$300 / month


Monthly Expenses

-$1,700

Monthly Income

$2,000


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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