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  5. Horton

2894 Horton Road, Mill Bay Mill Bay

Price

$1,199,000

Bedrooms3 Beds

Bathrooms5 Baths

Size2886 sqft

Year Built2002

Property TypeDetached Home

Property Taxes$5,096

Description

Discover this 1-acre property with limitless potential! The main house boasts an open-concept living space highlighted by a vaulted wood ceiling and large windows that flood the interior with natural light, showcasing water views. It features three bedrooms and two bathrooms, plus an expansive deck perfect for entertaining. A separate two-bedroom suite ensures privacy for family or tenants with extra revenue potential. The oversized detached double bay garage/shop offers ample space for hobbies or storage. Additionally, this property includes an RV/mobile home area complete with water, septic, a sub pump, and a dedicated 50-amp service for guest convenience or rental income. Located mere minutes from Mill Bay, enjoy easy access to shopping, dining, and recreational activities. Explore the numerous opportunities for comfortable living or investment this property presents. Don’t miss the chance to bring your ideas and create your ideal lifestyle—schedule your viewing today! (id:39198)

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Listed By

The listing brokerage and/or agent is The Agency

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

$4,732 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$959,200

Total Interest Payments

$591,406

Total Payment (Principal + Interest)

$1,550,606


Discuss Your Options With Us Today

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.

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Engel & Võlkers Vancouver Island

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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