242 Portsmouth Drive, Lagoon Colwood
Price
$1,199,999
Bedrooms3 Beds
Bathrooms3 Baths
Size2215 sqft
Year Built1973
Property TypeDetached Home
Property Taxes$4,546.14
Description
Steps from the ocean and nestled in one of Colwood’s most peaceful, established neighbourhoods, this 4-bed, 3-bath home backs onto parkland and borders Matilda Park—with a serene pathway beside the lot that leads to Esquimalt Lagoon and feels like your own private waterfront sanctuary. From the sunroom, enjoy breathtaking views of the lagoon and Victoria as herons glide over glassy water. The bright, open layout offers 3 bedrooms up, while the lower LEGAL suite—with separate entry and full kitchen—is ideal for multigenerational living or income. A cherry blossom tree welcomes you home each spring, and the backyard flows into nature itself. Kayak at sunrise, stroll the beach at sunset, then gather in the sunroom for dinner with a view. Homes like this don’t come up often—this is your chance to slow down, spread out, and enjoy life by the water. Contact Brock today for more information or to book a private viewing (id:39198)
Listed By
The listing brokerage and/or agent is Pemberton Holmes Ltd. - Oak Bay
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Property Dimensions
The Property Location
Mortgage Calculator
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Total Monthly Payment
$4,690 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$960,000
Total Interest Payments
$591,898
Total Payment (Principal + Interest)
$1,551,898
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
Comber Friesen Group
Realtors
Related Properties
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.
Locations We Serve
Cowichan Valley
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
Westshore
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
Victoria
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Oak Bay
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
Saanich
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.