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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

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

$4,690 / 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

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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.

Locations We Serve

Cowichan Valley

Cowichan Valley

Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture

Westshore

Westshore

The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.

Victoria

Victoria

As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.

Oak Bay

Oak Bay

Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.

Saanich

Saanich

The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.

We can help you find your dream home